Hi-tech park urges land clearance

Sai Gon Hi-Tech Park’s management board has petitioned the city People’s Committee to clear and compensate for residents the final nearly 94ha of the project.

The city had allocated 801ha of land in District 9 for the park’s first phase, but so far only just over 707ha have been cleared, causing delays in infrastructure development and trouble attracting investors.

The slow clearance and compensation would hold up the second phase, said Le Thai Hy, head of the management board. Hy also asked the committee to improve the traffic infrastructure for the park including Ha Noi Highway and Rach Chiec Bridge, adding that better road access would help attract investment.

Continued power shortages was another issue that needed to be resolved, Hy said, noting the park aimed to attract eight more investment projects this year and had an export value target of US$1 billion, Hy said.

Tags: Sai Gon Hi-Tech Park

Posted by VBN on Jan 15 2011. Filed under Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry