Conditions for establishment and expansion of the concentrated information technology parks in Vietnam

Conditions for establishment and expansion of the concentrated information technology parks in Vietnam (Internet image)

Article 9 of Decree 154/2013/ND-CP stipulates the conditions for establishment and expansion of the concentrated information technology parks in Vietnam, including:

1. Conditions for establishment of the concentrated information technology parks include:

• To conform to the approved overall planning on development of the concentrated information technology parks;

• The functions and tasks of the concentrated information technology park must conform to provisions in Article 4 of this Decree;

•  The concentrated information technology parks which are operating on geographical area have land area of subdivision group for functions and tasks of the concentrated information technology parks already been leased, subleased a percentage of not less than 60% minimally.

2. Conditions for expansion of the concentrated information technology parks include:

• The infrastructural system of the concentrated information technology parks have been basically invested completely under the detailed construction planning;

• Land area of the subdivision group that perform functions and tasks of the concentrated information technology parks have been leased, subleased a percentage of not less than 70% minimally.

In addition, the Decree also stipulates the competence and orders of establishment and expansion of the concentrated information technology parks as follows:

• The Prime Minister shall decide the establishment and expansion of the concentrated information technology parks.

• Case of establishment or expansion of a concentrated information technology park that has not yet been included in the approved overall planning on development of the concentrated information technology parks, the provincial People’s Committee shall conduct procedures for submission to supplement such concentrated information technology park as prescribed.

More details can be found in Decree 154/2013/ND-CP, which comes into force from January 1, 2014.

Ty Na

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE