Indian tech giant will set up an information technology center in Vietnam- Indian multinational information technology (IT) service and consulting firm Hindustan Computers Limited (HCL) plans to establish an IT center worth US$650 million in Ho Chi Minh City, in a bid to train and recruit some 10,000 engineers within the next five years.
The plan was unveiled by Sanjay Gupta, Executive Vice President and Strategic Director of Indian group HCL, during a meeting with Tran Vinh Tuyen, Vice Chairman of the HCMC People’s Committee on May 17, reported the local media.
Having considered the many advantages of operating in Vietnam, including its open door policy and the city’s current prospects, HCL found that the southern metropolis offers favorable opportunities for the development of its IT center project, said Gupta.
After surveying the Saigon Hi-Tech Park and the Vietnam National University HCMC, HCL officials said they expect that the local IT workforce would provide qualified IT manpower which, in Gupta’s view, would play a crucial role in the success of the IT services sector.
He also said that a report on the center’s development plan will be sent to HCL’s senior leaders for feedback in July. If given the go-ahead, the plan will be executed in the fourth quarter of this year.
Meanwhile, the city’s vice chairman, Tuyen, affirmed that the Indian group’s development strategies, including cloud computing and automation, also match the city’s keen concerns, thereby working together with the city’s potential and current interests, as well as its development roadmap for the future.
Additionally, the city has pledged to fully implement preferential policies applied to foreign investors, especially those operating in the field of IT, he said.
Once HCL becomes an investor in the city, Tuyen suggested the group support the city in developing the digital city administration and smart city model.
HCL has more than 40 years of experience in the IT sector, with a team of 140,000 employees in 44 countries.