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Becamex to invest in new Hanoi software park

Becamex to invest in new Hanoi software park

Hanoi has approved another software park project that is expected to cost about VND24 trillion (US$1.08 million) as the city aims to further expand its information technology sector.
Becamex to invest in new Hanoi software park
The project, developed by Becamex Investment and Trade JSC, will be built on a section of Vo Nguyen Giap Street between the city center and Noi Bai Airport, local media reported.

A detailed plan will be completed by the end of the month.

Becamex ITC is among 28 members of the Binh Duong-based Becamex IDC Corp., which operates in various fields including finance, insurance, banking, construction and real estate. It owns several large-scale industrial parks across the country.

The new park, backed by Hanoi's Information and Communications Department, hopes to attract a wide range of IT and content companies which will hire more than 40,000 workers in total.

Hanoi last year approved another software park in Long Bien District. Hanel, a major Vietnamese tech firm, is the developer of the VND10.5-trillion project. Construction is set to complete in 2019.

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