The Ho Chi Minh City Department of Health is seeking feedback on the plan to construct a 300-hectare pharmaceutical industrial park during the 2025-30 period, a step to prepare for the city’s export of medical products in the future.

The pharmaceutical industrial park is included in the draft project on the development of the pharmaceutical industry in Ho Chi Minh City until 2030, with a vision for 2045.

The southern metropolis has several advantages for developing the pharmaceutical industry with many leading universities, high-tech parks, and major factories, according to the health department.

The city also has a large market with 133 hospitals, 1,202 trading businesses, and 6,529 pharmacies.

However, the capacity of pharmaceutical factories in Ho Chi Minh City is still modest as the majority of them can only produce generic drugs.

To meet the high demand for medicine, the health department developed a three-phase road map to build a pharmaceutical industrial park in the city.

During the 2022-25 period, local authorities will implement mechanisms and policies on land banks, tax, and financial resources, as well as call for investment into the project.

They will also identify the types of pharmaceutical products and medical equipment to be manufactured at the park, along with specific criteria for such products.

From 2025 to 2030, the city will carry out the construction of the pharmaceutical industrial park and necessary infrastructure with a scale of about 300 hectares, as well as gradually put it into operation.

From 2030 to 2045, connectivity and open links will be forged between businesses inside and outside the venue.

It is necessary to create mechanisms and policies to bring together domestic and foreign investors so that the pharmaceutical industrial park will be able to produce patent medicines, specialty drugs, and hi-tech generic drugs, the health department said.

The park will also manufacture vaccines, biological products, testing equipment, and hi-tech biomedical products to serve the diagnosis and treatment at domestic health facilities, and to prepare for export to other countries in the region.

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