The first $24 million project is funded by Nguyen Tat Thanh University to develop a hi-tech training centre with an aim of producing skilled workforce in fields such as information technology, biotechnology, microelectronics and automation, precision engineering, new material technology and nanotechnology.

The other investor is Vietnam’s leading telecommunications group Viettel, which will construct telecommunications and communications infrastructure to support the executive tasks and business performance of SHTP in the second phase. Once completed, it is expected to increase coverage area and promote value-added services with the goal of covering the total area of the park.