INVESTMENT PROMOTION CONFERENCE 2022 IN SAIGON HIGH-TECH PARK HOLDED AT SCS BUILDING ON JUNE 27TH, 2022
At the conference "Promoting Investment in Saigon High-Tech Park” on June 27th, investors expressed their wish that the city would Ho Chi Minh City has more specific guidelines to support businesses to accelerate the progress of ongoing projects.
General Director of Sacom-Chip Sang Co., Ltd (SCS Building) with the Management Board of Saigon Hi-Tech Park.
Enterprises attending and giving their opinions would like to receive more specific guidance on investment criteria as well as project operation time.
Mr. Phan Van Mai - Chairman of the City People's Committee of Ho Chi Minh City answered enterprises' problems at the conference "Investment Promotion in Saigon High-Tech Park" on June 27th.
Sharing with the problems of businesses, Mr. Phan Van Mai - Chairman of the City People's Committee of Ho Chi Minh City admitted: The settlement of investment procedures in the past time has been slow. In the coming time, the city's leaders are committed to focusing more and more strongly to create favorable conditions for investors. Specifically, updating the planning more quickly, thereby attaching the responsibilities of departments and sectors to handle investment procedures. Mr. Mai also expressed his desire for investors to coordinate with the city government to solve bottlenecks so that the focus on resolving procedures is faster.
On the side of the Hi-Tech Park, Mr. Nguyen Anh Thi - Head of the Management Board of the Saigon High-Tech Park - said: The Management Board of the Saigon Hi-Tech Park will be the focal point to receive and have a coordination mechanism with Thu Duc city (under the 1/500 plan) to handle investment procedures faster. In particular, the Management Board of the Saigon Hi-Tech Park will promote a one-stop shop to connect with Thu Duc city.
At the conference, Mrs. Le Bich Loan - Deputy Manager of the Saigon Hi-Tech Park Management Board also mentioned a number of projects that the city is calling for investment, including: Research and development - incubation - training projects; High-tech production projects - high-tech applications; High-tech service projects; Center for management and operation of high-tech services; Smart factory project serving 4.0 technology industries…
Regarding the selection criteria and preferential policies, according to Mrs. Loan, enterprises must have management capacity and experience, financial capacity, technology application capacity, socio-economic efficiency and environmental protection. Regarding policies, the city will exempt and reduce 10% corporate income tax for 15 years for new investment projects; Exemption and reduction of tax rate of 10% for not more than 30 years; Exemption of the whole land rent, or exemption from 18-22 years, reduction of land rent from 55-75% depending on the size and nature of each project; Reduce 50% of deposit to secure the implementation of investment projects (from 1-3% of total investment capital)…
Saigon Hi-Tech Park was established in 2002, exactly 20 years ago with the mission of building a high-tech industrial foundation for the city. Ho Chi Minh City in particular and the whole country in general and the vision to become a science and technology sub-urban area. Up to now, the Hi-Tech Park has granted investment registration certificates to 163 projects with a total investment capital of 12,068 billion USD. In which there are many projects of high-tech corporations and companies, such as: Intel (USA), Samsung (Korea), TTI (Germany), NTT (Japan) ... Enterprises not only operate efficiently result, but also continuously increased capital, invested in expanding production in the Hi-Tech Park, making an important contribution to the city's import and export turnover.
According to the congthuong.vn