Ho Chi Minh City to build strategic technology center on reclaimed land

The Ho Chi Minh City Hi-Tech Park (SHTP) has completed the reclamation of a 52-hectare area previously occupied by stalled projects. Management officials announced plans to invite investment to establish a strategic technology center on this site.

SHTP aims for significant economic growth, targeting production and export values of approximately $23 billion and $21 billion respectively by 2026. Investment attraction has seen a sharp upward trend, with $1.23 billion attracted in the first nine months of 2026 and a goal to reach $1.6 billion by year-end.

In addition to the technology center, the SHTP is moving forward with a 200-hectare science park expansion project approved by the Prime Minister. The management board intends to continue reclaiming land from slow-moving projects to create clean land for infrastructure development by 2028.