Biotech Updates

Vietnam’s Bio-Tech Park Project

May 18, 2007

The Hanoi People’s Committee has submitted to the Vietnamese Government a project on a bio-tech park, capitalized at $1B. If approved, this will be the first bio-tech park in the country. The bio-tech park will include a bio-industrial complex, consisting of high-quality laboratories, which will be equipped with modern facilities for research and development, education and training related to biotechnologies. The project has been put forward by the Ireland-based Pacific Land Ltd (PLL).

According to Pacific Land Ltd, the potential clients of the park will be leading world groups and companies from the United States, United Kingdom, Japan, Germany, Switzerland and Sweden which are ready to make investment in new markets.

For further information, contact Hien Le of Biotech Vietnam at hientttm@yahoo.com.