Ho Chi Minh City Sets $100 Million Investment Cap per Hectare at Saigon Hi-Tech Park
Ho Chi Minh City has set a $100 million investment cap per hectare for projects at the Saigon Hi-Tech Park for the 2025-2030 period, emphasizing research and development, hi-tech manufacturing, and services. Key projects include a biotechnology innovation center and an electronics-focused R&D facility, alongside incentives such as tax exemptions to attract investments in semiconductors, biotechnology, and digital technologies.
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Ho Chi Minh City has established a revised investment cap of $100 million per hectare for projects at the Saigon Hi-Tech Park for 2025-2030. The investment intensity is prioritized at VND2.6 trillion per hectare, focusing on research and development (R&D), hi-tech manufacturing, and hi-tech services.
Notable projects include a biotechnology innovation center on plot E2b-2 and an electronics-focused R&D project on plot E5-7. Hi-tech manufacturing is promoted with investments in electronic component factories on plot I-1b-2 and a multi-sector hub on plot I-14.4.
The hi-tech services category includes a multifunctional service center on plot T7 and a Tier 3+ data center on plot T8. Investors are offered significant incentives, including tax exemptions. This update aims to attract investors in semiconductors, biotechnology, and digital technologies.
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