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Twelve projects to be developed in Saigon Hi-tech Park in 2025
vietnamnews - 1/7/2025 2:03:28 PM
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Twelve projects, including 10 domestic projects and two foreign-invested ones with a total investment exceeding US$1 billion, are set to break ground in the Saigon Hi-tech Park (SHTP) in HCM City in 2025.
 
 
The Saigon Hi-tech Park (SHTP)'s training centre. The SHTP has so far attracted investments from more than 10 leading global hi-tech corporations. —VNA/VNS Photo
 
 Twelve projects, including 10 domestic projects and two foreign-invested ones with a total investment exceeding US$1 billion, are set to break ground in the Saigon Hi-tech Park (SHTP) in HCM City in 2025, according to the park’s management board.
 
Currently, several projects at the park are in stages such as evaluating master plans and adjusting detailed construction plans at a 1/500 scale. The management board is coordinating with relevant departments and agencies to carry out investment and construction procedures while adjusting investment registration certificates to ensure the timely implementation of projects.
 
On January 6, the construction of a plasma-derived biopharmaceutical production plant officially started in the SHTP.
 
The plant is scheduled to become operational in February 2026, with a production capacity of 6,000 litres of plasma per year, meeting the treatment demand of 250 million people.
 
It is also expected to help ensure a strategic medical reserve for the nation, enable prompt responses to epidemics and natural disasters, and reduce reliance on imported pharmaceuticals.
 
The SHTP has so far attracted investments from more than 10 leading global hi-tech corporations, including Intel, Jabil, and Rockwell of the US, Nidec, Nipro, and NTT of Japan, Samsung of the Republic of Korea (RoK), Sanofi of France, and TTI of Germany. It is now home to 160 valid investment projects worth $12.3 billion.
 
To draw more investment inflows into the park, the municipal authorities are further investing in developing a science and technology park with a total area of nearly 200ha in Thủ Đức City, about 2km from the SHTP.
 
This is hoped to be a new factor for the development of HCM City, especially in attracting investment in hi-tech industries, with a ripple effect in the region, and meeting the requirements for the southern metropolis’s green, sustainable economic development. — VNS
 
Read original article here
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