Hoa Lac hi-tech zone toasts 70 new projects in 2013

The management board of the Hoa Lac hi-tech zone in Hanoi City granted licenses to three projects in 2013, bringing the total number of projects in the zone to 70, worth US$2.57 billion.

Board head Pham Dai Duong noted land clearance problems, the most difficult issue in the past 10 years, have been solved in the last months of 2013 with great support from the government.

As a result, the management board intends to concentrate on building infrastructure and improving the investment environment in 2014, he added.

Duong said the board will also present 65 hectares to the University of Science and Technology of Hanoi and will continue to support training activities for information technology engineers.

On January 3, the board awarded investment certificates for Bac A Bank and Viettel Corporation projects worth more than US$95 million. It also received investment proposals for projects such as constructing the Vietnam–Korean Institute of Science and Technology and the Vietnam-Japan University.

At an event to review the zone's activities in 2013, Minister of Science and Technology Nguyen Quan appreciated the efforts and achievements of the management board during the year.

The results have given us faith and hope for building the hi-tech zone, meeting the expectations of the government, he stated.

The minister remarked that 2013 was an important year for science and technology as the National Assembly had recently passed laws to regulate it.

He expected that the zone will acquire more achievements this year thanks to the policies and measures implemented by the government.

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