Despite
the stagnant economy, Quang Trung Software City (QTSC) remains a
favorite destination of new projects. The latest commitment by HOSE
gives yet another example.
Hochiminh Stock Exchange (HOSE) on May 3 started construction of a data backup center in QTSC, District 12, HCMC.
The
VND300-billion project will become an information technology
multi-function (IT) center when it is commissioned early next year. The
center covering over 16,000 square meters consists of a nine-story block
and a 325-square-meter auxiliary building.
The
HOSE center will be equipped with advanced IT systems that ensure the
securities market to run smoothly, creating convenience for local and
foreign investors. “The HOSE data backup center is supplying IT
infrastructure and services for its members during operation on the
market and supporting techniques, training and other IT services for the
securities market,” said Tran Dac Sinh, HOSE chairman. He added that
this will be the biggest and most advanced center of its kind in
Vietnam.
Tran
Xuan Ha, deputy minister of Finance, said this is a multifunctional IT
service center capable of storing data for HOSE, the ministry’s agencies
in the south and securities companies, and offering other IT supports
for the market.
Joining
the event, Nguyen Thi Hong, vice chairwoman of HCMC, highly appreciated
the HOSE project with advanced, safe and secure IT infrastructure. Hong
said this is a prominent architectural work in Quang Trung Software
City that polishes the image of a high-tech park in HCMC.
LOCAL AND FOREIGN
INFRASTRUCTURE DEVELOPERS
BY APRIL 2013
| |
Project
|
Number
|
Total investors
|
36
|
Buildings into use
|
21
|
Buildings under construction
|
5
|
Buildings to be
constructed in 2013
|
3
|
Villas
|
12
|
Dormitory rooms
|
36
|
Apartments
|
106
|
This
new project is part of HOSE’s bigger vision to become a sustainable and
strong organization with advanced infrastructure, facilities and
technology, so that it can compete with other stock exchanges in the
region and integrate into the international stock market in the near
future.
The
data backup center is one of the three projects HOSE is undertaking
besides an IT project whose main partner is Korea Exchange (KRX) and
House B project.
Addressing
the audience at the ground-breaking ceremony, Chu Tien Dung, QTSC
chairman, said “The investment project is a win-win decision as it meets
the demands of the park and indicates the confidence of the Ministry of
Finance and HOSE in QTSC. The project is also meaningful. Together with
other projects invested by world-famous IT giants in the park, this
project will help attract more local and international IT projects into
QTSC.”
In
addition, Long Yen Co. and Vietnam Investment Joint Stock Co. with
their projects to build office buildings for software production and
training, and Hong Minh Duc Co. with the project to build apartments for
experts are realizing their blueprints in QTSC. The software park
itself will build an office building late this year.
Dung
said in the current economic turmoil, QTSC will gives priority to
completing and upgrading infrastructure and services. QTSC also had
incentives for those who invite new customers to the park and for those
who shift their operations to the park.
By Tieu Nha - The Saigon Times Weekly