A ground-breaking ceremony to mark the start of construction on the DaNang Hi-Tech Park was held in Hoa Lien commune, Hoa Vang district, thecentral city of Da Nang on April 6.
The park,which covers over 341 hectares and will cost 278 million USD, willfollow the Silicon Valley model in the US and the HsinchuScience Park in Taiwan (China). It aims to attract domesticand international scientists, engineers and businesses in the IT field,and to promote hi-tech training and education in local universities.
The park hopes to draw some 100 businesses in the next ten years.
The city is the first place in Vietnam where investment from aforeign private group will be used to construct an IT zone’sinfrastructure.-VNA