Construction of Vietnam’s first innovation park starts in Binh Dinh

At the ground breaking ceremony of the TMA Innovation Park in Binh Dinh province (Photo: VNA)

Binh Dinh (VNA) – The Ho Chi Minh City-based TMA Solutions company on August 28 began the construction of the TMA innovation park in Quy Nhon city of the central province of Binh Dinh, the first of its kind in Vietnam.

Covering an area of 15ha in Quy Hoa valley, the park has an investment of about 8 million USD. It will comprise a centre for software production and export, along with others for research and development, data science, artificial intelligence and internet of things (IoT).

Chairman of TMA Solutions Nguyen Huu Le said the construction of the park will be divided into two phases and it is expected to become operational after three years. The park is projected to have 3,000 skilled workers in the next 15 years.

Secretary of the provincial Party Committee Nguyen Thanh Tung voiced his hope that the investment of TMA Solutions in Quy Hoa valley will help to lure more software companies to Binh Dinh.

Launched in August 2013, Quy Hoa valley is set to become the first science city of Vietnam. To date, it has welcomed more than 3,500 scientists from 35 countries and territories. Each year, the valley hosts various conferences and symposia of the International Centre for Interdisciplinary Science and Education.-VNA