Vietnam official vies for high-tech investment from Taiwan
16/12/2011 09:06 am
News - Vietnam will welcome Taiwanese investors with open arms, especially those in the high-tech sector with experience and know-how that is currently in dire demand in the Southeast Asian country, said Nguyen Van Lang, Vietnam's deputy minister of Science and Technology, in Hanoi yesterday.
The deputy minister, who doubles as the head of the Hoa Lac Hi-tech Park, pointed out that 1,586 hectares of land in the Hi-tech Park 30 km west of Hanoi had been developed with the help of Japanese investors and is already open to vendors from Taiwan and Japan.
Vietnamese government and Japanese businesses will invest another US$1 billion in infrastructure, slated to complete by the end of 2016, to transform Hoa Lac into a “Hi-tech City,” he said. By that time the Hoa Lac Hi-tech Park will be home to four universities with a total of 25,000 to 30,000 students, three to four training centers, 40 research centers and laboratories as well as five research institutes, educating 5,000 to 10,000 potential employees for the park annually, he added.
The Vietnam Deputy Minister of Science and Technology expressed its hope for Taiwan businesses to participate in its long term plan to build a aerospace center in Southeast Asia with hospitals, universities, police stations, customs office, logistic centers and the Hoa Lac Hi-tech Park, deputy minister stressed.
The Hoa Lac Hi-tech Park holds advantages over other science parks including lower rents, preferential tax and rent policies as well as a single window for administrative services, etc.
To reassure Taiwanese investors concerned about power and water shortages in the park, the deputy minister promised that shortages will not be a problem when infrastructure construction completes in 2016.
According to the Central New Agency, Taiwanese business owners who had set up factories in Hoa Lac Hi-tech Park for five years as saying that the problem of power shortages has improved but that are still occasional strikes among park employees.
The deputy minister, who doubles as the head of the Hoa Lac Hi-tech Park, pointed out that 1,586 hectares of land in the Hi-tech Park 30 km west of Hanoi had been developed with the help of Japanese investors and is already open to vendors from Taiwan and Japan.
Vietnamese government and Japanese businesses will invest another US$1 billion in infrastructure, slated to complete by the end of 2016, to transform Hoa Lac into a “Hi-tech City,” he said. By that time the Hoa Lac Hi-tech Park will be home to four universities with a total of 25,000 to 30,000 students, three to four training centers, 40 research centers and laboratories as well as five research institutes, educating 5,000 to 10,000 potential employees for the park annually, he added.
The Vietnam Deputy Minister of Science and Technology expressed its hope for Taiwan businesses to participate in its long term plan to build a aerospace center in Southeast Asia with hospitals, universities, police stations, customs office, logistic centers and the Hoa Lac Hi-tech Park, deputy minister stressed.
The Hoa Lac Hi-tech Park holds advantages over other science parks including lower rents, preferential tax and rent policies as well as a single window for administrative services, etc.
To reassure Taiwanese investors concerned about power and water shortages in the park, the deputy minister promised that shortages will not be a problem when infrastructure construction completes in 2016.
According to the Central New Agency, Taiwanese business owners who had set up factories in Hoa Lac Hi-tech Park for five years as saying that the problem of power shortages has improved but that are still occasional strikes among park employees.
Source: The China Post
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