📋 Tender Overview
Ho Chi Minh City synchronously deploys solutions to clear land resources, promote infrastructure investment and prepare to start a series of key projects on April 30. These moves are expected to create a strong push for growth, while expanding development space and enhancing the Citys competitiveness in the coming period. Download According to experts, establishing a large-scale land fund to implement BT projects is a step consistent with the actual conditions of Ho Chi Minh City. Unleashing resources from 33 golden land areas. At the meeting on April 18, Ho Chi Minh City Peoples Council approved the first phase list of 33 land areas expected to be used to pay for investment projects according to the BT (build - transfer) contract method. This is an important step to create a legal basis for implementing large-scale infrastructure projects in a limited budget context. This list includes many land plots with prime locations in the central area and Thu Thiem New Urban Area, including land plots that have had long-standing legal problems such as 8-12 Le Duan or 2-3-4 Hai Ba Trung (Saigon ward). Putting these lands into exploitation is considered a solution to awaken land resources, and at the same time solve problems that have lasted for many years. According to Ho Chi Minh City Peoples Committee, the demand for investment capital for infrastructure projects is currently very large, concentrated in a short time, while the ability to balance the budget only meets about more than 20% of the total need. Using land funds to pay investors not only helps reduce immediate budget spending pressure but also facilitates the mobilization of social resources, ensures the principle of parity and limits the arising of additional financial obligations. Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association, assessed that establishing a large-scale land fund to implement BT projects is a step appropriate to the actual conditions of the City. This mechanism not only creates motivation to attract investors to participate in infrastructure development but also paves the way for private capital flows to participate in removing key bottlenecks. In particular, the use of public lands that have been vacant for many years in Ho Chi Minh City to pay for large-scale BT projects will pave the way for private capital flows to improve infrastructure bottlenecks. Download A perspective of the Central Square in Thu Thiem - Photo: Ho Chi Minh City Department of Construction Commencement of a series of key projects: Strengthening regional links, expanding development space Towards commemorating the Liberation Day of the South, unifying the country (April 30, 1975 - April 30, 2026), Ho Chi Minh City plans to simultaneously start construction of many projects, of which the highlight is 7 key projects, mainly in the form of BT, with a total cost Investment of about 320,000 billion VND. Projects spread across many fields such as transportation, urban beautification and development of new economic space, with the role of inter-regional connection, improving goods circulation capacity and improving the quality of life for people. This is considered an important leverage to stimulate investment, create jobs and promote GRDP growth in the medium and long term. Notably, Ho Chi Minh City urban railway No. 2, Ben Thanh - Thu Thiem section (afterwards, the Thu Thiem - Long Thanh airport line is expected to start construction before June 30), along with large-scale seaport projects such as Can Gio International Transit Port and Cai Mep Ha Port. These projects contribute to completing the network. traffic, improving logistics capacity, promoting economic development in the Southeast region and raising Ho Chi Minh Citys position on the regional economic map.Dr. Huynh Thanh Dien, a development economist, assessed that the implementation of key projects not only creates a short-term stimulus effect through disbursement of public investment, creating jobs and promoting related industries, but also opens up long-term growth potential. The city gradually restructures its economic space in a multi-center direction, improving competitiveness and attracting high-quality investment capital flows. The simultaneous groundbreaking not only has socio-political significance but also creates a positive spillover effect, strengthening the confidence of the business community and investors. New administrative center: Infrastructure for mega-urban governance One of the outstanding projects that will be started on April 30 is the Ho Chi Minh City Administrative Center in the Urban Area. Thu Thiem New Urban Area, belongs to a complex including a central square, a conference - performance center and a technical infrastructure system, with a total investment of nearly 30,000 billion VND. The project has a scale of nearly 47 hectares, located in An Khanh ward, the core area of Thu Thiem new urban area. In particular, the administrative center is expected to serve about 8,000 officials and civil servants and receive 1,500-2,000 people and businesses every day. The central square can accommodate up to nearly 270,000 people for political events and about 500,000 people for cultural festivals. Download Perspective of Ho Chi Minh City Administrative Center in Thu Thiem New Urban Area, An Khanh Ward - Photo: Ho Chi Minh City Architectural Research Center. The project investment is set in the context that post-merger Ho Chi Minh City has a population of more than 14 million people, a large administrative apparatus and is scattered in many locations. According to experts, this is not just an investment in headquarters but an investment in current management infrastructuren modernity, facilitating the implementation of digital government, improving operating efficiency and reducing transaction costs for people and businesses.Dr. Huynh Thanh Dien assessed that the construction of the administrative center in Thu Thiem is a strategic step, consistent
