(VOVworld) - The Sembcorp Development company from Singapore has expressed intention to invest in a Vietnam-Singapore Innovative Park in Ho Chi Minh City.

The working session was held on May 27 (Photo: VNA)

The firm’s general director Kelvin Teo discussed the plan with Chairman of HCM City’s People’s Committee Nguyen Thanh Phong during a working session on Friday. Mr. Phong said he hopes the firm will invest in the development of renewable, wind and solar energies in HCM City.
Mr. Teo said the park will have a commercial centre, research facilities and residential quarters to ensure quality living conditions for scientists and experts. Once operational, it will attract investors and interdisciplinary experts from all over the world to develop new products. Sembcorp Development has poured 8.5 billion USD into 7 projects in Vietnam, creating about 160,000 jobs.