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High-tech park to boost exports

Update: October, 22/2013 - 09:21
An engineer operates machinery at Saigon High-Tech Park. The high-tech park had 58 projects with total registered capital of $2.1 billion. — VNA/VNS Photo The Anh

HCM CITY (VNS)— Saigon Hi-Tech Park targets an increase in export turnover by 2015, six times higher than in 2010.

This was announced by management officials at a ceremony celebrating the park's 11th anniversary held last Friday in HCM City.

The park also aims to raise its localisation ratio in high-tech products to 25 per cent by 2015, and 40 per cent by 2020.

To reach their goals, the park's management board will develop support industries that will eventually be a key component of the industry.

Over the years, the park has applied IT to its operation and management activities, which has contributed to better transparency in administrative procedures.

Le Hoai Quoc, head of the park management board, said that the high-tech park had 58 projects with total registered capital of $2.1 billion, of which there are 29 domestic projects worth $359 million and 29 foreign-invested projects worth $1.743 billion.

This year, most of the projects are in hi-tech development and high-quality human-resource training by local and foreign technology companies such as Microchip, Hutech hi-tech Institute, FPT University Research and Training Centre.

Since the beginning of the year, the park has attracted an additional five high-tech projects with total investment capital of $120 million. More projects are in the pipeline.

The park's Microsoft Innovation Centre opened on May 18, marking an important milestone in the park's economic restructuring process.

The centre is responsible for inspiring creative ideas and value-added solutions based on Microsoft technology platforms.

It also plays an important role in the network of technology partners, government organisations and education and training institutions. It supports technology innovation projects by researching and identifying strategies and trends.

The park, in collaboration with the National University of HCM City's Center for Research and Training in IC Design, has conducted research and developed pressure sensor chips using micro-electronic technology (MEMS), which are used in many fields, such as industry, agriculture and defense security. — VNS

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