Saigon Hi-Tech Park
The Saigon Hi-Tech Park is a park for high technology enterprises located 15 km from downtown Ho Chi Minh City, opposite to Thu Duc University Village, along the Hà Nội Highway and on the Line 1 of the HCMC Metro with the High Tech Park station. The park covers an area of 326 ha and is currently being expanded to 913 ha. High-tech investors are given preferential treatments here with land leases and taxation, as well as support for customs services.
Several high-tech companies chose SHTP, notably:
- Japanese Nidec : with multiple factories under Nidec, Nidec Copal and Nidec Sankyo flagships and total investment of US $500 million for a planned 20,000 workforce
- US Intel : with US $1 billion registered investment to build the largest chip assembly & test plant in the world
- French Air Liquide : gases for industry, health and the environment
- Danish Sonion: miniature and hearing components who employs more than 2,000 workforce in SHTP
- US Jabil : electronic supplier
- Italian Datalogic : bar codes readers.
This park was aimed at promoting Ho Chi Minh City and Vietnam as a hi-tech investor friendly destination. The new phase is focusing on education, bio-technology, start-up incubators, training centres, software, R&D, telecom. This park is one of the hi-tech parks in Vietnam, the other being Hòa Lạc Hi-Tech Park situated in the western outskirts of Hanoi near the Hanoi University of Science and Technology and Đà Nẵng Hi-Tech Park in Đà Nẵng.