The Hanoi-based Hoa Lac Hi-Tech Park will focus on improving facilities and its investment climate in 2014, heard a meeting in Hanoi on January 3.

Head of the zone’s management board Pham Dai Duong underlined the tasks at a meeting to review last year’s investment attraction and deploy the work for 2014.

Accordingly, the board will continue to take the second adjustment of overall construction planning and build new roads in the zone.

The board is expected to clear and hand over a space of 65 hectares to the University of Science and Technology of Hanoi this year and put into operation a hi-tech business incubation centre that covers more than 6,600 square metres.

Addressing the event, Minister of Science and Technology Nguyen Quan applauded the management board’s efforts in attracting hi-tech projects with large investment capital.

Quan said the park should quicken ground clearance and work closely with the Hanoi People’s Committee to complete the construction of resettlement areas as planned.

Last year, the board granted investment licences to three new projects, raising the total number of investment projects in the zone to 70, with registered investment totalling 54 trillion VND (2.53 billion USD).

On the occasion, it presented investment licences to two projects valued at more than 2 trillion VND (94 million USD), invested by the Bac A Bank and the Military Telecom Corporation (Viettel).

Source: VNA