VietNamNet Bridge - HCM City is seeking final approval to develop what would be the largest square and riverside park in Vietnam, spanning an area of 30ha with an estimated cost of VND1.97 trillion (nearly US$93 million).

The project, if approved, is to be located in HCM City’s Thu Thiem New Urban Area and would be carried out in the form of build – transfer (BT). Of the total area, 20 hectares would be reserved for the central square, and the remaining area devoted to the riverside park.

The square designed by Defrain Souquet Deso Associates, a French company, would be capable of serving 430,000 park goers at the same time.

The square and the park with its abundant greenery, located along the Saigon River, would be an ideal place for organising large political, social, and cultural events as well as an ideal recreational and relaxation area for the public.

They are part of a VND12 trillion project to build four main roads in the Thu Thiem New Urban Area.

In addition, a US$35-million project to construct an exhibition centre is to be built in the city. The 18,000m2 environmentally friendly five-storey building has also been designed by Defrain Souquet Deso Associates.

Here is the sketch of the square:

VNE/VOV