Saigon Hi-Tech Park

The Saigon Hi-Tech Park (Vietnamese: Khu Công nghệ cao Thành phố Hồ Chí Minh; abbr.: SHTP) is a park for high technology enterprises located 15 km from downtown Ho Chi Minh City, opposite to Thu Duc University Village, along the Hà Nội Highway and on the Line 1 of the HCMC Metro with the High Tech Park station. The park covers an area of 326 ha (95% utilised) and is currently being expanded to 913 ha.^[1] High-tech investors are given preferential treatments here with land leases and taxation, as well as support for customs services.

Saigon Hi Tech Park

Several high-tech companies chose SHTP,^[2][3] notably:

• Japanese Nidec^[4][5] (TSE:65940, NYSE:NJ, hard disk drive motors): with multiple factories under Nidec, Nidec Copal and Nidec Sankyo flagships and total investment of US $500 million for a planned 20,000 workforce
• US Intel (NASDAQ:INTC): with US $1 billion registered investment to build the largest chip assembly & test plant in the world^[6]
• French Air Liquide (EPA:AI): gases for industry, health and the environment
• Danish Sonion: miniature and hearing components who employs more than 2,000 workforce in SHTP
• US Jabil (NYSE:JBL): electronic supplier
• Italian Datalogic (STAR:DAL.MI): bar codes readers.

In total 26 companies were in operations in 2011, employing more than 11,000 employees and a total registered investment of US $2 billions.

This park was aimed at promoting Ho Chi Minh City and Vietnam as a hi-tech investor friendly destination. The new phase is focusing on education, bio-technology, start-up incubators, training centres, software, R&D, telecom. This park is one of the hi-tech parks in Vietnam, the other being Hòa Lạc Hi-Tech Park situated in the western outskirts of Hanoi near the Hanoi University of Science and Technology (HUST) and Đà Nẵng Hi-Tech Park in Đà Nẵng.

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