Ho Chi Minh City grants investment decisions worth over VND54,000 billion to 17 investors

On June 23, Thu Duc City People's Committee announced 9 zoning plans at a scale of 1/2000, applied to 12 new wards after the merger (34 wards of Thu Duc City at present) and granted investment approval decisions to 17 investors.

People look at the 1/2000 scale zoning plans of Thu Duc city that have just been announced. Photo: Nguyen Le

From the general planning project of Thu Duc city to 2040 approved by the Prime Minister (January 2025), Thu Duc City People's Committee issued a Decision on approving the 1/2000 scale zoning plan for 9 zoning zones in 34 current wards (12 wards after merger), with a total area of ​​over 21,100 hectares, population size of over 2.5 million people (as of December 31, 2024, 1,374,739 people).

Thu Duc city map with 9 zoning plans at scale 1/2000. Photo: Nguyen Le

Mr. Hoang Tung, Chairman of Thu Duc City People's Committee, said that the 9 zoning plans at a scale of 1/2000 are an important legal basis to remove difficulties for businesses and people, improve the investment environment, and at the same time, strongly call for and mobilize investment resources into the city.

Nine 1/2000 scale zoning plans are the basis for the approval of 1/500 detailed plans for new wards by the end of 2025 and the pilot exemption of construction permits for individual houses from January 1, 2026.

Speaking at the announcement ceremony, Chairman of Ho Chi Minh City People's Committee Nguyen Van Duoc said that the 9 zoning plans are a very important basis for Ho Chi Minh City authorities to authorize Thu Duc City authorities to manage, and at the same time are the basis for attracting investment for local development.

After the merger from July 1, 2025, the 12 new wards will maintain their important position and role as the city's growth pole. In the coming time, the 12 new wards will focus on developing orientations such as: Infrastructure (transportation infrastructure and digital infrastructure); high technology (multi-purpose high-tech industrial center) including components such as semiconductor chips, AI, Big data, innovation and startups.

Chairman of Ho Chi Minh City People's Committee Nguyen Van Duoc presents investment approval decisions to 17 investors. Photo: Nguyen Le

At the announcement ceremony, Thu Duc City People's Committee granted investment approval decisions to 17 investors, with a total capital of more than 54,000 billion VND.

Source: https://hanoimoi.vn/tp-ho-chi-minh-trao-quyet-dinh-dau-tu-hon-54-000-ty-dong-cho-17-nha-dau-tu-706470.html