Hi-tech training centre breaks ground in HCM City

January 09, 2013 | 16:00

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The US-based Saigon Advanced Institute of Technology LLC (SAIT) and its strategic partner Hoang Quan Real Estate Corp. (Hoang Quan) started construction on their SAIT high technology training centre at the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City’s District 9 on January 8.

The $6 million SAIT LLC-funded 1,000 square-metre project includes a post- graduate training centre and hi-tech product design and development hub.

“The centre will provide the students with hands on experience of real-world problems and projects as well as opportunities to hone their English, collaborative abilities and even work ethics, among other skills. This centre will also serve as a platform to provide strategic consultation and development services for corporate clients,” said SAIT LLC chairman and CEO Cao Huu Tri.

The centre will initially train over 4,000 students in 2014, with enrolments set to increase by 25 per cent annually in following years. SAIT intends to expand its training and services to biotechnology, medical equipment and devices, and green technology in the future, he added.

Tri blamed the slow progress on the project, which was initially granted its investment license in 2009, on the time taken to prepare course materials and the correct paperwork.

The Hoang Quan Real Estate Corporation is responsible for every aspect of the project’s design and construction. Work is expected to finish at the end of this year and the centre will start operation in first quarter of 2014.

Hoang Quan in its role as strategic partner to SAIT LLC has contributed around 35 per cent of the investment in SAIT LLC. SAIT LLC and Hoang Quan plan to upgrade the centre to a university level, with the intention to specialise in hi-tech training, said Hoang Quan chairman and CEO Truong Anh Tuan.

By Hai Long

vir.com.vn

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