Saigon Hi-Tech Park

Image:Saigon Hi-Tech Park.JPG

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.http://www2.dtinews.vn/news/news/headlines/hcmc-to-expand-saigon-hi-tech-park_414.html{{dead link|date=May 2018 |bot=InternetArchiveBot |fix-attempted=yes }} High-tech investors are given preferential treatments here with land leases and taxation, as well as support for customs services.

Several high-tech companies chose SHTP,{{cite web |url=http://www.saigonmoney.com/tag/saigon-hi-tech-park/ |title=Saigon Hi-Tech Park | SaigonMoney.com - the digital provider of news, analysis and data on Vietnam Business, Finance, Banking and Investing |accessdate=2011-06-28 |url-status=dead |archiveurl=https://web.archive.org/web/20120326075611/http://www.saigonmoney.com/tag/saigon-hi-tech-park/ |archivedate=2012-03-26 }}{{Cite web|url=http://vietnamtodayonline.typepad.com/blog/2011/06/high-tech-multinationals-invest-in-vietnam.html|title = High-tech multinationals invest in Vietnam}} notably:

• Japanese Nidec{{Cite web |url=http://english.thesaigontimes.vn/Home/business/investment/11039/ |title=Saigon Times Online - Nidec invests US$70 mil. More at high-tech park - Nidec invests US$70 mil. More at high-tech park |access-date=2011-06-28 |archive-date=2011-10-06 |archive-url=https://web.archive.org/web/20111006065816/http://english.thesaigontimes.vn/Home/business/investment/11039/ |url-status=dead }}{{cite web |url=http://www.saigon-gpdaily.com.vn/National/2010/9/85626/ |title=SGGP English Edition- President lauds Nidec for hi-tech investment in Vietnam |accessdate=2011-06-28 |url-status=dead |archiveurl=https://web.archive.org/web/20110930234133/http://www.saigon-gpdaily.com.vn/National/2010/9/85626/ |archivedate=2011-09-30 }} (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{{Cite web |url=http://www.straitstimes.com/BreakingNews/SEAsia/Story/STIStory_595833.html |title=Intel to open Vietnam plant |access-date=2011-06-28 |archive-date=2011-01-20 |archive-url=https://web.archive.org/web/20110120034811/http://www.straitstimes.com/BreakingNews/SEAsia/Story/STIStory_595833.html |url-status=dead }}
• 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.