At the 18th session of the 10th term People's Council of Ho Chi Minh City, term 2021-2026, the People's Council of Ho Chi Minh City unanimously approved the adjustment of the investment policy for the project to upgrade and expand Tan Thoi Hiep 21 Street, District 12.

This project is of great significance in enhancing traffic capacity and solving the flooding problem in the Tan Thoi Hiep 21 street area. At the same time, it will gradually improve the urban area, improve the environment, and contribute to the completion of the traffic system in District 12.

In 2015, the Ho Chi Minh City People's Council decided to invest in upgrading and expanding Tan Thoi Hiep 21 Street with a scale of 1,750m x 16m, with a total construction investment of 134 billion VND, to be implemented in the period 2016-2019.

The work of compensation, support, resettlement, and site clearance was implemented as an independent project with a budget of nearly 270 billion VND, invested by the Compensation and Site Clearance Board of District 12. However, due to difficulties in compensation and site clearance, the project could not be implemented.

With the City People's Council approving the adjustment decision, this project's total investment will triple, from more than 403 billion VND to more than 1,364 billion VND.

The project capital increased due to the cross-sectional scale changing from 16m to 25m, thus increasing the compensation, support, and resettlement area; updating the cost of implementing compensation, support, resettlement, and site clearance into the total project investment; adding a 320m long drainage system on Duong Thi Muoi Street.

At the same time, the project will also adjust the implementation period from 2016-2019 to 2016-2027 due to prolonged site clearance and compensation.

District 12 People's Committee plans to reclaim about 15,480m2 of land to implement the project. The number of affected cases is about 447 cases, including 446 households (37 cases of total clearance), 1 organization.

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