Ho Chi Minh City will establish a steering committee to study key projects and prepare a list of projects in need of investment during the 2024-2030 period.

Focus will on groups of projects such as railways, projects under the transit-oriented development (TOD) planning model, and projects implemented under the city’s breakthrough programs and development programs.

Key projects being considered are expressways, the Thu Thiem 4 Bridge, and the Can Gio Bridge.

The committee will direct the selection of investment mode (public investment, public-private partnership, or private investment) and sources of investment capital.

It will also guide the conduct of investment procedures, to ensure projects remain on schedule and are in compliance with laws.

The committee is to be officially established in late January.

Speaking at a conference on January 11 regarding its establishment, Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai said the committee will help deal with major issues so that projects proceed in line with guidelines and remain on schedule.