The park, which covers over 341 hectares and will cost $278 million, will follow the Silicon Valley model in the US and the Hsinchu Science Park in Taiwan (China). It aims to attract domestic and international scientists, engineers and businesses in the IT field, and to promote hi-tech training and education in local universities.
The park hopes to draw some 100 businesses in the next ten years.
The city is the first place in Vietnam where investment from a foreign private group will be used to construct an IT zone’s infrastructure.
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