The park is investing modern infrastructure with the capital using the State budget and the official development assistance (ODA) supported by the Japanese government.
The management board of Hoa Lac Hi-Tech Park said that the park has so far received 1,530 hectares of land out of the total 1,586 hectares.
It has had 78 valid investment projects, including nine foreign ones, with a total registered capital of over 60 trillion VND (2.68 million USD), in the spheres of high technology, training, trade and services, and social infrastructure.
Thirty-six projects have been put into operation, involved by more than 10,000 people. The total import-export turnover was estimated at over 2.4 billion USD in 2016.
At present, FPT is the biggest investor of the park with two projects: FPT Software Village and FPT University.
After paying the tours to several infrastructural facilities and investment projects, PM Phuc highlighted the most important task is to build a brand for the Hoa Lac Hi-Tech Park to attract investors.
The Government leader mentioned some shortcomings facing the park, including few hi-tech projects in comparison with that in other industrial parks and slow land clearance.
He asked the Park Management Board and the capital city of Hanoi to complete land clearance in 2017 while entrusting the Ministry of Planning and Investment and the Ministry of Finance to report him a plan to supplement capital for land clearance and technical infrastructure construction at the park.
He tasked the Ministry of Science and Technology and the Management Board to coordinate with Hanoi authorities along with the Vietnam Chamber of Commerce and Industry, the Government Office, and the Ministry of Planning and Investment to boost investment in the time ahead, while ensuring environmental protection and sustainable development.
Along with infrastructure investment, the park needs to select and draw knowledge-intensive manufacturing businesses to create high-quality and internationally-recognised products, PM Phuc suggested.
He also advised persuading domestic scientists to seek technical solutions for pilot production.
Once in six months, the PM or Deputy PM will visit the park to seek measures addressing difficulties during the process of deloying the project, he noted.
The PM expressed his hope that Hanoi authotities will build the Hoa Lac High-Tech Park become an information technology and biotechnology start-up centre in the country and draw more investors.
The Government will issue a new decree on mechanisms for the Hoa Lac Hi-Tech Park, enabling it to play an extremely important role in enhancing the country’s science and technology capacity, PM Phuc said.