Ho Chi Minh City Boosts The Development Of East Gate Door Infrastructure

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  • Ho Chi Minh City Boosts The Development Of East Gate Door Infrastructure

    In line with the general urban development strategy, Ho Chi Minh City will develop in all four directions: East, West, South and North, but as a whole, HCMC's infrastructure development policy seems to be focusing strongly on the region. East.

    Increase the progress of many key projects

    - Up to now, the East is leading Ho Chi Minh City on key transport projects. These include projects to expand Hanoi highways, Vo Van Kiet Boulevard, tunnels crossing the Saigon River, Ring Road 2, Pham Van Dong Boulevard, Ho Chi Minh City - Long Thanh - Dau Giay highway, digital metro 1, the new Eastern Bus Station ...

    - In 2018, Ho Chi Minh City Department of Transport and Communications (Department of Transport) said that it would accelerate the construction and completion of key transport infrastructure projects, solve congestion and gradually close the system. Urban transport floor in the area.

    - In particular, traffic projects in the East Ho Chi Minh City area will also be prioritized to complete, including: the parallel highway Ho Chi Minh City - Long Thanh - Dau Giay; Ring Road 2 (from Phu Huu bridge to Go Dua intersection, My Thuy intersection, An Phu intersection); Thu Thiem 2 Bridge; project of 4 roads around Thu Thiem urban area; intersections with different levels at My Thuy roundabout - a key work on clearing traffic jams in Cat Lai Port area.

    - In parallel, the project to build a bridge over Diamond Island, worth 500 billion VND, is located on the road along the Saigon River which is being built to connect Thanh My Loi area and Cat Lai area (District 2). with the city center. Expected to be completed and put into use by the end of 2019.

    - In the period of 2018-2020, the Department of Transport will continue to upgrade and expand transport infrastructure in the East such as: expanding Nguyen Duy Trinh road; to build a section linking Phu Huu bridge to Hanoi Highway (including Binh Thai intersection); to build a link from Cat Lai Port to Ring Road 2; upgrade and expand Nguyen Thi Dinh street (the section from Giong Ong To bridge to My Thuy bridge) ...

    - According to Mr. Bui Xuan Cuong, Director of Ho Chi Minh City Department of Transport, from the beginning of 2018, the Department has focused on speeding up the completion of investment procedures, in order to start 22 new road bridge projects in the first quarter of 2018. .

    - In particular, the Department will prioritize investment in component projects of Ring Road 2; Ben Luc - Long Thanh expressway; Highway 1; urban transport axis connecting Ho Chi Minh City with neighboring provinces ..., in order to complete transport infrastructure in the East of the city, synchronously and smoothly connect with neighboring provinces.

    - Regarding the type of modern high-volume transport, Ho Chi Minh City Railway Management Board informed, in addition to the project of urban railway No. 1 (Ben Thanh - Suoi Tien) expected to be completed and put into operation. Along the eastern gateway of the city, from District 1, Binh Thanh District to District 2, District 9 and Thu Duc in 2020, this route also connects to both Dong Nai and Binh Duong provinces.

    - At the same time, at the main gateway area of ​​the city, the urban railway No. 3b (Nga 6 Cong Hoa - Nguyen Thi Minh Khai - Xo Viet Nghe Tinh - Highway 13 - Hiep Binh Phuoc) will be formed in future. The entire route has a total length of more than 12 km (9.1 km underground and 3.1 km overhead), including 10 stations (8 underground and 2 elevated); Depot is located in Hiep Binh Phuoc (Thu Duc district) with an area of ​​nearly 17ha. Estimated total investment is about US $ 1.87 billion.

    - According to the Management Board of Ho Chi Minh City Urban Railway, in the future this route is oriented to connect Thu Dau Mot town (Binh Duong province) from Hiep Binh station and along Highway 13, connecting to the route. Urban railway No. 1 of Binh Duong province.

    - The project has been registered by the Ho Chi Minh City People's Committee on the list of projects using ODA loans of the Japanese Government in the period of 2016 - 2018. Currently, the City People's Committee has approved the basic design and the approved boundary documents. through and handed over to local planning management.

    Many new projects entered the market

    - The establishment of the above projects has been contributing to substantially change the appearance of the city and improve the quality of life of the people. By this time, most real estate giants have large projects in the East such as Dai Quang Minh, Vingroup, Novaland, Him Lam, Thu Duc House, Khang Dien, Dat Xanh, Phuc Khang, Hung Thinh, Nam Long ...

    - In April 2018 alone, Thu Duc Housing Development Joint Stock Company started construction of two projects in the East, including TDH - River View apartment project and Citrine Apartment project. Phu Long is currently investing in the construction and development of the Dragon Village project; Hung Thinh Land is also implementing the Mystery Village residential project; Novaland and Phu Long have just launched 2 projects of nearly 100 villas here ...

    - According to Ho Chi Minh City People's Committee Office, the city has just approved RC Real Estate Development and Financing Joint Stock Company (Refico Company) to cooperate with the research partners to propose the project on a 30 ha plot in the ward. Truong Tho, Thu Duc district. In addition, the city also approved Khang Viet Real Estate Investment Joint Stock Company to be the investor of the housing project in Phu Huu Ward, District 9. The project has three sides bordering the river, the South borders Ho Chi Minh City highway - Long Thanh - Dau Giay with the scale of 15 ha.

    - In parallel, the 21st Century International Development Joint Stock Company was assigned to be the investor of the residential and tourist - cultural - entertainment project (with an area of ​​30.1ha) of Nam Rach Residential Area project. The one (90.3ha) in An Phu Ward, District 2.

    - Also in the East, for the first time, the investor, SeaHoldings, introduced to the market the Fresca Riverside Apartment project located at 6 Street, Binh Chieu Residential Area, Binh Chieu Ward, Thu Duc District. The project has a total area of ​​6,748m2 with a scale of 398 apartments, including 2 towers, 16 floors of apartments, 01 basement and 01 terrace.

    - According to Mr. Nguyen Nam Hai, Head of Urban Management Division of Thu Duc District, the East is attracting many foreign experts and intellectuals, especially the unskilled workforce to work here, so the demand for housing at a sharp rise. The strong development of the Eastern market signals a long and prosperous development cycle here. In particular, Ho Chi Minh City is developing a roadmap to turn the East area (District 2, 9, Thu Duc) into a smart - leverage urban area to help attract a large amount of investment capital into the market in the time. next time.

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