A ground-breaking ceremony for the Danang Hi-Tech Park was held in Hoa Lien commune, Hoa Vang district, the central city of Danang on April 6.
Built on an area of more than 341ha, the US$278 million park 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 information technology field, and to promote hi-tech training and education in local universities.
In the next decade, the park is expected to house some 100 businesses, create 25,000 jobs and generate US$3 billion in revenue.
Danang is the first locality in Vietnam where a foreign private group is allowed to build an IT zone’s infrastructure.
Source : VOV online