A ground-breaking ceremony to mark the start of construction on the Da Nang Hi-Tech Park was held in Hoa Lien commune, Hoa Vang district, the central city of Da Nang on April 6.
The park, which covers over 341 hectares and will cost 278 million USD, will follow the Silicon Valley model in the US and the Hsinchu Science Park in Taiwan (China). It aims to attract domestic and international scientists, engineers and businesses in the IT field, and to promote hi-tech training and education in local universities.
The park hopes to draw some 100 businesses in the next ten years.
The city is the first place in Vietnam where investment from a foreign private group will be used to construct an IT zone’s infrastructure.-VNA
