Prime Minister Nguyen Xuan Phuc was introduced to a hi-tech product (Source: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has expressed his wishthat the Hoa Lac Hi-Tech Park in the outskirts of Hanoi will make greatcontributions to the fourth Industrial Revolution and serve as a place whereVietnam’s startup ecosystem is formed.
Visiting the park on February 22, PM Phuc said he hopes thatit will be filled with investment activities at an early time, and become a bigproduction centre of the capital city, thus contributing to the country’sscience and technology development and bringing the added value to the economy.
He asked ministries, sectors and the Hanoi municipalPeople’s Committee to speed up its construction so as to avoid missing any science-technologydevelopment opportunities.
Specifically, the Ministry of Science and Technology (MoST)need to carry out measures to realise policies to attract more high-qualityhuman resources, while the Hanoi People’s Committee should help speed up theland clearance process to quickly complete the park’s construction, he said.
The Government leader also requested the MoST and relatedoffices to soon grant investment licences to NIDEC Group, which decided to pour400 million USD into the first phase of its two projects and plans to invest inthree more projects with a total registered capital of 1 billion USD in thenext stage.
Prime Minister Nguyen Xuan Phuc meets Hamvha Techwin company workers (Source: VNA) Located in Hanoi’s Thach That and Quoc Oai districts, the 1,586haHoa Lac Hi-Tech Park is expected to become a science city hosting investors inbiotechnology, information – communication, new material technology, andautomation.
Modern infrastructure is being built at the park using theState budget and the official development assistance (ODA) provided by theJapanese government.
As of late 2017, the park had 81 valid investment projects,with a total registered capital of over 66 trillion VND (2.9 million USD), onan area of 358ha.
Last year, the park attracted many big technological projects,including the Hamvha Techwin company’s 200-million-USD Hamvha Aero Enginesproject.-VNA
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