Hanoi accelerates efforts to bring Habiotech high-tech biotechnology park into operation
Hanoi Party Secretary Nguyen Duy Ngoc said the city stands ready to coordinate and support Pacific Land Vietnam in resolving difficulties, accelerating progress and bringing the project into operation soon, offering a high-quality investment destination for domestic and international investors.
Overview of the meeting.
On January 26, Politburo member and Secretary of the Hanoi Party Committee Nguyen Duy Ngoc received Patrick Gerard McKillen, Chairman of Pacific Land Vietnam Joint Stock Company and Honorary Consul of Vietnam in Dublin, Ireland, for a courtesy visit and discussions on high-tech and innovation development in the capital.
Vice Chairman of the Hanoi People's Committee Truong Viet Dung attended the meeting.
Patrick Gerard McKillen thanked the Hanoi authorities for supporting Pacific Land Vietnam in leasing land in Thuong Cat Ward to develop infrastructure for the Habiotech High-Tech Biotechnology Park.
The project includes laboratories and research institutes for pharmaceuticals and medical treatment methods. Habiotech aims to create a unique model that benefits not only Vietnam but also the wider region and attracts leading global pharmaceutical corporations.
According to the plan, the company will begin initial construction works within the next two months. However, the project currently faces some financial difficulties.
McKillen expressed hope that Hanoi will continue supporting the company in completing the necessary procedures so the project can enter operation soon.
Hanoi Party Secretary Ngoc acknowledged the company's investment cooperation and close coordination in implementing the Habiotech project, contributing to Hanoi's goal of becoming a regional center for biomedical science and technology.
The project has made new progress through cooperation between the company and city agencies. On August 15, 2025, the Hanoi People's Committee approved the lease of nearly 5,649 square meters of land in Thuong Cat Ward to Pacific Land Vietnam for project implementation.
Hanoi accelerates efforts to bring Habiotech high-tech biotechnology park into operation- Ảnh 2.
Hanoi Party Secretary Nguyen Duy Ngoc (right) delivers a souvenir to Patrick Gerard McKillen, Chairman of Pacific Land Vietnam Joint Stock Company and Honorary Consul of Vietnam in Dublin, Ireland.
The investor committed to completing technical infrastructure within 36 months, from August 2025 to August 2028. From late 2026, the project will begin attracting investors, aiming to fill 10%–15% of the area annually through 2035.
Ngoc said the city stands ready to coordinate and support Pacific Land Vietnam in resolving difficulties, accelerating progress and bringing the project into operation soon, offering a high-quality investment destination for domestic and international investors.
He assigned Vice Chairman Truong Viet Dung and Director of the Hanoi Department of Finance Nguyen Ngoc Tu to closely coordinate with Pacific Land Vietnam to develop solutions in line with Vietnamese law and enable early project implementation.
source: https://english.hanoi.gov.vn/hanoi-news/hanoi-accelerates-efforts-to-bring-habiotech-high-tech-biotechnology-park-into-operation-2655260129130258052.htm
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