HCMC called on investors to 133 projects including 116 projects calling for social investment, 11 national projects and six new others in Thu Thiem new urban area at an investment promotion conference hosted in the city yesterday.
The HCMC People’s Committee and Lotte Group on Tuesday organized a contract signing ceremony to develop a smart complex at functional area 2a in Thu Thiem new urban area, District 2, HCMC at the total cost of VND20,100 billion (US$884 million).
The HCMC People’s Committee has proposed the Government to approve its choice of HCMC Financial Investment Company (HFIC) which is a state-owned and set up by the committee to be the investor of a financial center project in Thu Thiem New Urban Area.
Chairman of the HCMC People’s Committee Nguyen Thanh Phong instructed the management board of Thu Thiem new urban area and relevant agencies to complete site clearance this year at a working session with the board on February 16th.
The eastern gateway of Ho Chi Minh City including 1,000 hectare Thu Thiem new urban area has vigorously developed with many under-construction mega works, creating a new lease of life in the used to be swampy and fallow area.
The People’s Committee of District 2 in Ho Chi Minh City is about to implement coercive land seizure to Lien Tri Pagoda for construction of Thu Thiem new urban area, said head of the district Compensation and Site Clearance Board Do Quoc Doanh yesterday.
An agreement for building technical infrastructures in the northern residential area and the north-south road in Thu Thiem new urban area was signed by Management Board for Investment and Construction of the Thu Thiem New Urban Area and Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII).
Thu Thiem new urban area complex is invested thousands of billion dong. (Photo:SGGP)