City Officials Support Plans for 15,000 Hectare ‘New City’ in Cu Chi

Daily News - Saigon/HCMC: Oct. 16, 2017

Authorities have added a new mega-project to Saigon’s already-ambitious city planning. According to Tuoitrenews.vn, who quotes the Ho Chi Minh City Real Estate Association (HoREA), municipal authorities in Ho Chi Minh City have developed plans for what is called ‘New City’ in Cu Chi District.

Fifteen Times the Size of Phu My Hung and Thu Thiem Combined

With a total surface area of 15,000 hectares, this new project will be approximately 15 times bigger than the Phu My Hung area in District 7 and Thu Thiem area in District 2 combined. Behind this huge project is the Halong-based Tuan Chau Corporation.

Cu Chi New City

While waiting for formal approval, the plans have recently been backed by high-ranking city officials, the newspaper stated. Municipal authorities are constantly searching for ways to expand Ho Chi Minh City’s living space, knowing that there’s no end in sight to the steady influx of people from all over Vietnam, as well as from other countries.

A City in Itself

The ‘New City’ is projected to become a new urban centre with affordable rents, a high-quality infrastructure and numerous job opportunities, and will be constructed to adapt to climate change and shifting water levels.

The biggest problem seems to be the current one-and-a-half-hour journey to the city centre. In order to connect the ‘New City’ in Cu Chi District to District 1, the developers have plans to build a new avenue along the Saigon River.

A 30-Minutes Ride from District 1

It is supposed to allow people to commute between the two locations within 30 minutes, running at 100 kilometres per hour on a 59-kilometre-long track.

According to the project planners the total cost is estimated to reach several trillions of dong – that is, several hundreds of millions of dollars.

Post By: Arik Jahn
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