These projects span from the An Van Duong area to the northern part of the central city, creating opportunities for urban space development and attracting medium to long-term investment capital.
Ho Chi Minh City has approved a list from its Department of Planning and Investment of 197 projects calling for investment totaling nearly VND945 trillion (nearly $43 billion) in 2022. Many are traffic projects, including an urban railway line seeking more than VND427 trillion ($18 billion) and waterway ports, inland ports, and logistics centers.
The Thai Nguyen Provincial People’s Committee has issued investment licenses to three urban projects in Thai Nguyen city and Song Cong city. With a total land area of nearly 300,000 sq m and capital of some VND780 billion ($33.63 million), the three projects will contribute to easing housing demand.