Ho Chi Minh City has officially called for investment in the Binh Quoi - Thanh Da New Urban Area, aiming to transform more than 405 ha along the Saigon River into a world-class ecological township.
Located on the Thanh Da Peninsula in Binh Quoi Ward, the area is designated to become an integrated urban hub. The master plan includes residential zones, mixed-use functional areas, administrative and commercial centers, and tourism facilities. A key highlight of the project is the integration of synchronized technical and social infrastructure with a dedicated wetland park designed for climate change resilience.
The project is a key urban development priority under the general planning approved by the Prime Minister in June, 2025 (Decision No. 1125/QD-TTg). With an estimated total investment exceeding VND50 trillion (over $1.9 billion), the project meets the criteria for selecting strategic investors under the preferential categories of National Assembly Resolution No. 260/2025/QH15.
The city is encouraging developers with strong financial capacity and proven urban development experience to submit proposals. The goal is to turn the Binh Quoi - Thanh Da area into a modern, sustainable, and eco-friendly urban symbol of the future.
Regarding the selection process, the city will consider a direct appointment if only one qualified investor applies. In the event that two or more strategic investors submit valid proposals, the investment registration authority will report to the city People's Committee within seven days to establish a scoring committee. This ensures the final selection is conducted with complete publicity and transparency.
Google translate