FPT Launches $2 Billion Digital Technology Park in Hanoi

Nestled in the vibrant districts of Tay Tuu and Phu Dien, the cutting-edge Digital and Mixed-Use Technology Park spans an impressive 196.8 hectares, backed by a substantial investment exceeding $2 billion. Anticipated to unveil its inaugural phase by 2027, this transformative project promises to redefine innovation and urban development.

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On January 16th, the Hanoi People’s Committee and FPT Corporation held a groundbreaking ceremony for the Digital Technology and Mixed-Use Park project in Tay Tuu and Phu Dien wards. FPT Corporation serves as the project’s primary investor.

Spanning 196.8 hectares, the project boasts a total investment of over 2 billion USD. Designed, constructed, and operated as a green development, it aims for sustainability while fostering a seamless Work-Live-Innovate environment.

At its core lies a concentrated digital technology park focused on innovation and digital transformation, covering approximately 168.9 hectares. The remaining area is designed as an open park, featuring internal transportation infrastructure, green spaces, and water features, creating a high-quality environment for work, research, and living.

Scheduled for implementation from 2026 to 2031, the project aims to complete and launch its first phase by 2027. Once operational, it is expected to accommodate around 60,000 professionals, digital technology engineers, innovators, and support staff.

The city envisions the digital technology park as a vital hub within Hanoi’s innovation ecosystem, aligned with the goal of establishing the capital as a leading national center for science, technology, and the digital economy.

Project overview. Source: Hanoi People’s Committee

According to Truong Gia Binh, Chairman of FPT Corporation, the Digital Technology and Mixed-Use Park will serve as a convergence point for tech talent, connecting research, training, and businesses while fostering innovation tied to strategic technologies. This project reinforces Hanoi’s position as the nation’s science and technology hub and brings Vietnam closer to realizing its vision of a “Silicon Valley.”

Assigned by the Hanoi People’s Committee, FPT Corporation leads the project under a management model where the government oversees planning, policies, and supervision, while the investor handles direct investment and operations. This ensures flexibility, efficiency, and alignment with the rapid evolution of the technology sector.

Thanh Tú

– 10:41 17/01/2026

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