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HCM City gears up for second phase of hi-tech park project

Update: 11-05-2012 | 00:00:00

The documents about the second-phase development of the HCM City hi-tech park project (SHTP), expected to cover an area of 613 hectares has been put on the table of the HCM City Planning and Investment Department, before they are submitted to the city’s leaders for approval.

   Rick Howarth, CEO of Intel Products Vietnam, gives Tet gifts to local residents in district 9, HCM City.

The first phase of the project, implemented on the area of 300 hectares, is expected to finish by the second quarter of 2012 after it is fully occupied. However, experts say it would take 30 years at least to have the most accurate assessment about the project efficiency. At present, the presence of the world’s biggest semiconductor group Intel in SHTP is considered the biggest success of SHTP in the first phase. What has been brought by SHTP project? In 2005, SHTP welcomed the first foreign investor – the Singaporean Allied Technologies – a microelectronics, information technology and telecommunication manufacturer. However, the biggest pride that STHP has taken is the mammoth project worth one billion dollars invested by Intel. SHTP has also attracted a lot of other big conglomerates in the world, such as Nidec from Japan, Datalogic Scanning from Italia, Sonion from Denmark, and FPT, TMA Solutions and CMC Telecom from Vietnam. The hi-tech fields present at SHTP include chipset inspection and packaging (Intel), digital sensor (DGS), printing machines (Jabil), bar code reading device (Datalogic), smart card (MK, VTC), pharmacy (Nanogen), digital camera (Nidec)… After 10 years of operation, the total export revenue from the enterprises in SHTP has reached 1.97 billion dollars. In 2011 alone, the export value was 1.01 billion dollars, including the 450 million dollars worth of Intel’s exports. Dr Le Hoai Quoc, Head of the Board of Management of SHTP, said that the export revenue remains modest, since enterprises have become operational, while the figure is expected to increase rapidly in the time to come. Talking about the role of SHTP, Dr Huynh Ngoc Phien, General Director of Amata Industrial Zone in Dong Nai province, said that the economic efficiency and scientific research results remain modest. However, SHTP has successfully attracted the world’s leading hi-tech groups. Phien believes that SHTP is a model which allows connecting production activities and high technologies, though he said it will take a lot of time to valuate the efficiency of the model. A market-based mechanism needed for labor force development SHTP is believed to have successfully laid initial foundation for the research and implementation, training and incubation activities. A research and implementation center was established in 2004, a training center was set up in 2005, and the hi-tech enterprise incubator came out in 2006. SHTP has been cooperating with domestic and foreign universities to provide training programs to the orders by technology enterprises. Over 250 training courses have been organized, attracting 3000 learners. However, Quoc has admitted that the above said works still cannot show the strategic targets of SHTP. “We have not got ready and we still lack the workforce to implement key programs. We lack preferential policies to attract well known scientists and specialists, especially Viet Kieu (overseas Vietnamese) scientists, to hi-tech research. SHTP is now using 17,000 workers, but only 20 percent of them have junior college or higher level degrees. A Viet Kieu specialist who works there can receive 20 million dong a month. Meanwhile, domestic specialists can earn 16 million dong at maximum. Many others do not get salaries for their cooperation, and only receive 5 million dong a month in allowance.

Source: SGTT
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