The People’s Committee of Ha Noi is seeking financial support from the central budget to build a software park project under the 2016-20 national target programme on information and technology.

The city wants a supporting budget to build the infrastructure of the research and development (R&D) zone, which will be carried out in 2017 and 2018.

The park aims to develop a knowledge-based economy and the information and technology industry, especially the software sector of the capital city.

The park is also expected to create favorable opportunities for investment activities in and outside the country; create a modern international-standard working environment to attract high-quality employees; enhance the competitive capacity of software companies and contribute to the country’s economic growth.