On February 6, the Ho Chi Minh City People's Committee announced the Master Plan for Thu Duc City until 2040 and promoted investment in Thu Duc City.

At the conference, Ho Chi Minh City announced calling for investment in 535 projects in Thu Duc City with 5 project groups, total capital of more than 800,000 billion VND.

Group 1: Group of investment projects by auction of land use rights with 239 hectares of land, including 498,175 ^m2 of land with 49 plots in Thu Thiem New Urban Area and 1,899,217 ^m2 of land, with 10 other projects in Thu Duc City.

The main function is multi-functional residential land, commercial services, high density residential, education, fuel station, cultural works, ...

Investors view the model of the General Planning Project of Thu Duc City, Ho Chi Minh City - Photo: Le Minh

Group 2: Group of investment projects using land through bidding to select investors with 13 projects. Including large projects such as: exhibition and conference center and hotel complex, sports and entertainment complex in Functional Area No. 2c of Thu Thiem New Urban Area.

In addition, the processing and service industries attract investment in industrial parks: specialized, supporting, high-tech industry, medical biotechnology, mechanical engineering, electronics and information technology, rubber and plastic chemicals...

Group 3: Investment under the public-private partnership (PPP) method with 32 projects, total estimated investment: 78,000 billion VND. Including major projects for the transportation sector such as National Highway 13, Ring Road 3 connection road (Go Cong intersection section to old station 2), Thu Thiem Bridge 3,4; Rach Chiec National Sports Complex.

Group 4: Investment in other forms according to the Investment Law has attracted 12 projects, with a capital of 33,000 billion VND from enterprises, mainly housing projects, and in the near future, there will be more than 40 projects participating in investment in the housing sector in Thu Duc City.

Group 5: Investment according to public investment capital sources in Thu Duc City   2025 and 2025-2030 period (vision to 2040), with 250 projects, total expected investment of over 600,000 billion VND.

At the Conference, Thu Duc City granted investment approval decisions to 12 housing development projects, with a total registered capital of more than 33,000 billion VND.

Zoning planning attracts investors' attention - Photo: Le Minh

At the conference, Mr. Tran Minh Son, Vice President of SunGroup Corporation, said that the Group has invested in many projects in many provinces and cities, but in Ho Chi Minh City, businesses have not had the opportunity to invest in any projects. Recently, the Group has contributed ideas for planning the construction of Truong Tho Urban Area, Rach Chiec Sports Area and Ho Chi Minh City National Historical Cultural Park.

"We wish to invest in Ho Chi Minh City with the first destination being Thu Duc City. We are committed to investing in the project in the fastest time," Mr. Son said at the conference.

Mr. Tran Ba ​​Duong, Chairman of the Board of Directors of THACO Group, also committed to speeding up the completion of projects in the Thu Thiem New Urban Area, including the project of 4 main roads in the Thu Thiem urban area. Mr. Duong affirmed that he will continue to accompany Thu Duc City in building infrastructure projects here.

Providing more information to investors, Mr. Hoang Tung, Chairman of Thu Duc City People's Committee, said that in this planning, there is a new point which is the planning to invest in 2 waste-to-energy plants with a capacity of 1,000 tons/day. If these 2 plants are invested, it will reduce the cost of transporting waste across the city to Da Phuoc for treatment.

The leaders of Thu Duc City are committed to always accompanying and supporting investors from providing legal advice to enhancing administrative reform to shorten the time for processing documents, ensuring that investors can feel secure in investing and doing business in Thu Duc City.