According to the approval, the hi-biotech park has a land area of more than 203ha, including areas for the resettlement of about 1,000 people.

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Hanoi hi-biotechnology park has a land area of ​​more than 203ha, including areas for the resettlement of about 1,000 people. Photo : vietnambiz.vn

The research area, located in the green belt of the Nhue River, will provide an open space, an ecological park that combines the functions of scientific research and the essential utility of the research environment.

The Hanoi hi-biotechnology park is being funded by Ireland’s Pacific Land Limited with a total investment capital of USD 250 million for technical infrastructure and a number of service buildings, high-rise apartments and dormitories; and USD 800 million for specialized equipment, such as laboratory investments, research centers and universities.

The park is to be developed into a high-tech, modern economic and scientific zone, serving research, education, development, application of experimental production and high technology transfers.

Source: VNA