A number of projects located on the bank of the Saigon River in the second city could face the axe from next month after an inspection by Ho Chi Minh City People’s Committee found that they violated building regulations.
The Thu Thiem 4 bridge, connecting District 2 and District 7 with an estimated investment cost of about VND5.2 trillion ($226 million), is expected to boost the development of Thu Thiem new urban area.
Ho Chi Minh City People's Committee has just issued the annual land rent rate for the period from April 9, 2018 to December 31, 2019 in the city’s hi-tech park.
Housing development is of paramount importance to Ho Chi Minh City as the city’s population is expected to see an increase of one million people every five years in the 2021-35 period.
The $500 million Saigon Sports City will finally be started next month after a prolonged administrative Odyssey, according to Ho Chi Minh City People’s Committee.
Ho Chi Minh City People’s Committee will propose the Prime Minister Nguyen Xuan Phuc to allow South Korea’s Lotte Group to continue executing its Eco-smart City project located in Thu Thiem Peninsula in District 2.
Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong on July 26 assigned the Department of Planning and Architecture to work with Thu Thiem New Urban Area management board to review the area's detailed zoning plan of the 1:500 scale and then draw up a plan to call for investment in an underground commercial center.
Ho Chi Minh City People's Committee has just proposed the Ministry of Information and Communications to guide the planning and construction of a creative and highly-interactive urban areas including the future urban residential area in the city.
On Monday, Ho Chi Minh City People’s Committee Office said it had sent a document to the Ministry of Planning and Investment, proposing the ministry to give the Southern city help and guidance to revise the total investment capital of two metro projects, Ben Thanh-Tham Luong and Ben Thanh-Suoi Tien.
Representatives from the Ho Chi Minh City People’s Committee and Pacific Construction Group Company Limited (Pacific Group) of China met on June 27 in HCM City to discuss the possibility of cooperation in urban infrastructure development.
The Ho Chi Minh City People’s Committee has approved 227 billion VND (9.7 million USD) for road maintenance this year.
The Ho Chi Minh City People’s Committee has requested related authorities to speed up the process of the $884 million Eco-Smart City invested by Korean giant Lotte Group and the $500 million Saigon Sports City invested by Singaporean Keppel Land.
Ho Chi Minh City plans to develop social housing on its own instead of building new resettlement housing with state funds, to accommodate residents who have to relocate to make room for the city’s adjusted zoning plans, according to the city’s People’s Committee.
In the “Conference on Investment Promotion into HCMC 2019” on May 8, Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong has called on potential enterprises to invest in 210 projects, with a total development cost of up to $53.8 billion. The majority of projects is in the transport area, with an addition of 1,000 hectares into planning for industrial parks.
Deputy Chairman of the Ho Chi Minh City People’s Committee Tran Vinh Tuyen, Deputy Chairman of People’s Committee of Dong Nai province Tran Van Vinh and leaders of departments and agencies of the two localities yesterday afternoon had a meeting about Cat Lai Bridge construction project connecting Ho Chi Minh City and Dong Nai province.