Siemens Limited and Pacific Land Joint Stock Company have signed a Strategic Partnership Memorandum to jointly develop Silverlake Bio Hi-Tech Park into a next-generation innovation hub in Vietnam, with a strong focus on smart, digitalized, and sustainable development.

The agreement comes at a time when Vietnam is emerging as a highly attractive destination for high-tech investment, accompanied by growing demand for modern, integrated infrastructure that meets international standards. Silverlake is positioned as a comprehensive innovation ecosystem where companies in life sciences and high-tech industries can thrive on advanced infrastructure.

Under the agreement, Siemens will act as the technology partner, providing advanced solutions and digital platforms across five key pillars: smart infrastructure, sustainability, digitalization, electrification, and life science technology. Siemens’ scope includes integrated campus management systems, IoT and AI platforms, digital twins, comprehensive power distribution systems, as well as internationally certified environmental control and biosafety technologies for high-spec research and manufacturing environments.

Speaking at the ceremony, Dr. Pham Thai Lai, President & CEO of Siemens ASEAN & Vietnam, said: “This partnership reflects our confidence in Vietnam’s long-term potential as a regional hub for innovation and high-tech manufacturing. Through Silverlake, Siemens and Pacific Land are not only developing a technology park, but co-creating an ecosystem where infrastructure, data, and technology converge, laying the foundation for industries of the future to grow faster, smarter, and more sustainably.”

Ole Bollingtoft, General Director of Pacific Land Vietnam, emphasized: “Silverlake Bio Hi-Tech Park represents our commitment to Vietnam’s next phase of growth from a strong production economy to a knowledge-driven, high-tech innovation economy. With Siemens as our technology partner, we aim to translate this vision into future-ready systems, smart energy grids, digital buildings, and resilient infrastructure positioning Vietnam firmly on the global map of life sciences, innovation, and sustainable high-tech industry.”

As Vietnam continues to strengthen its position within global supply chains and innovation networks, Silverlake Bio Hi-Tech Park is poised to play a pivotal role in attracting international investment, fostering technological advancement, and accelerating the country’s transition toward a high-value, sustainable economy.