An aerial view of the Thu Thiem New Urban Area development project in HCMC’s District 2. The city will put up for auction the rights to use 15 land lots of the project. (Photo: Thanh Hoa)
The office has announced the results of HCMC Chairman Nguyen Thanh Phong’s conclusions on projects in Thu Thiem Peninsula, the local media reported.
Accordingly, the Investment and Construction Authority of Thu Thiem New Urban Area was assigned to measure and draw up a map of 15 land lots in areas 3 and 4. Relevant agencies will have to coordinate with the management board to complete the 1/500 detailed planning and maps of these land lots to determine the starting prices for them.
The municipal government will not immediately choose investors for the financial center project in Thu Thiem. After the Standing Board of the HCMC Party Committee approves a project to develop HCMC into an international financial hub, the city will work out a plan to hold auctions to choose the most appropriate investor for the project.
In addition, HCMC Vice Chairman Vo Van Hoan and the District 2 People’s Committee will work with the Thu Thiem Church and Congregation of the Holy Cross Lovers of Thu Thiem to ask the church to hand over land for building a road along the Saigon River.
As for the four main road projects in Thu Thiem, the municipal chairman required the Department of Transport to submit a plan to construct a viaduct on the R1 road, which will pass through a central square.
Additionally, the HCMC Department of Planning and Investment will coordinate with agencies to submit the central square and riverside park projects in Thu Thiem New Urban Area to the Standing Board of the municipal Party Committee.
Meanwhile, the Department of Planning and Architecture will have to prepare the planning for the walking bridge project connecting the Thu Thiem New Urban Area with District 1.
