Ho Chi Minh City High-Tech Park is Being Transformed into an Urban Area

Serdar HocamAuthor & Editor

The city administration aims to establish a new growth model in the fields of artificial intelligence, semiconductors, and green technology by transforming the High-Tech Park into an international center.

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Ho Chi Minh City has announced its strategy to transform the High-Tech Park into an urban development model focused on science, technology, and innovation in line with double-digit growth targets.

New Strategy Announced at International Conference

Ho Chi Minh City officials shared the city's new growth models at the 8th International High-Tech Parks Conference held on October 16.

Technology Export and Value Chain Targets

During the statements, it was emphasized that the city should not only attract foreign investment but also focus on technology exports by increasing the participation of local businesses in the value chain.

Science and Technology-Focused City Models

Truong Minh Huy Vu, Vice Chairman of the Ho Chi Minh City People's Committee, pointed out that transforming specialized zones into science and technology-focused urban models is of great importance.

New Vision and Expanded Area

Nguyen Ky Phung, Head of the High-Tech Park Management Board, stated that the new vision will be implemented with the Science and Technology Park model across an expanded area of 194.84 hectares.

Strategic Focus Areas and Net Zero Target

While artificial intelligence, semiconductors, biotechnology, and green energy are among the strategic focus areas, achieving the Net Zero target by 2045 is planned.