return icon Vietnamnet.vn

HCM City seeks investors for nine plots in Thu Thiem

HCM City will organise an auction to seek investors for the right to use nine land plots in the Thu Thiem new urban area in District 2.

 

 

{keywords}
 

 

The auction is expected to be held in the third quarter of this year.

The nine land plots are on the city’s list of 210 projects that are calling for investors.

The nine land plots are located in an area expected to be a highly dense multi-functional commercial centre.

To be eligible, investors must ensure progress on the project, and prove their management capacity to develop the project with the surrounding area.

Tran Vinh Tuyen, deputy chairman of the city’s People Committee, said these land plots will be auctioned one by one to give time for review and evaluation, and to ensure that the selected investors are capable of implementing the project

According to the Department of Planning and Investment, the nine land plots have a total area of 77,606 sqm, which have completed land clearance and compensation.

The nine land plots include six plots planned to have 10 to 15 floors of multi-functional residential area and three land plots planned to have 30 to 50 floors of multi-functional commercial area.

The total investment of nine land plots is VND27 trillion (US$1.1 billion) including investment costs, land use fees, and technical infrastructure costs.

The city’s Department of Transport has issued a decision on approving the investment projects for technical infrastructure for the nine land plots

The department also assigned the Urban Traffic Management No. 2 as the contractor of the project.

The city’s People Committee approved the contractor to use the city’s advance budget to invest in technical infrastructure for the project to improve the value of each lot. — VNS

Thu Thiem New Urban Area project likely on NA agenda

Thu Thiem New Urban Area project likely on NA agenda

Controversial issues surrounding the Thu Thiem New Urban Area project in District 2 of HCMC could be put on the agenda of the seventh sitting of the National Assembly (NA), which kicks off later this month.  

Five blocks outside Thu Thiem urban area to be reviewed

Five blocks outside Thu Thiem urban area to be reviewed

The Government Inspectorate is seeking approval from Prime Minister Nguyen Xuan Phuc to establish an inspection team to handle complaints by residents in the HCMC-based Thu Thiem New Urban Area over five blocks outside the approved boundaries.  

MORE NEWS

Disbursement of public investments stuck, VND1 quadrillion deposited at banks

Minister of Finance Ho Duc Phoc said since capital for public investments cannot be disbursed, the Ministry of Finance has had to leave VND1 quadrillion worth of capital at banks with the interest rate of 0.8 percent per annum.

Russian film companies to join Telefim Vietnam 2023

Eighteen Russian firms will attend the International Exhibition of Film, Technology, Radio and Television (Telefim Vietnam) 2023 that will take place in Ho Chi Minh City from June 8-10.

VN to consider downgrading COVID-19 to flu-like status

According to the health ministry's statistics, to date, Vietnam has recorded over 11.6 million COVID-19 infections, with total recoveries logged at 10.63 million.

Bronze age artefacts found in Dak Nong

The Central Highlands province of Dak Nong has recently discovered numerous artefacts belonging to inhabitants dating back 3,500 years.

VIETNAM NEWS HEADLINES MAY 30/2023

Vietnamese nationals rescued from Philippine human trafficking ring return home

Nha Trang Sea Festival director dies in accident

A Khanh Hoa Television Station director has died after falling off a scaffold while conducting an inspection of the grandstands of the Nha Trang Sea Festival 2023 on Monday.

Khanh Hoa reclaims resort mansion of late King Bao Dai

Authorities in the central coastal province of Khanh Hoa have just reclaimed a complex of five French style villas which used to host late King Bao Dai and his family during their holidays for better preservation.

Vietnam among top three attractive destinations for RoK visitors

Vietnam is among the top three most favourite tourist destinations for Korean visitors in Asia, according to statistics from KB Kookmin Card of the Republic of Korea (RoK).

VIETNAM BUSINESS NEWS MAY 30/2023

Vietnam's GDP growth slows in Q1 ahead of expected recovery

VN received 4.6mil foreign visitors in five months, over half the year’s target

Vietnam welcomed nearly 4.6 million international arrivals in the first five months of 2023, soaring 12.6-fold from the same period last year, according to the latest report from the General Statistics Office (GSO).

Japanese dolls go on display in Da Nang

An exhibition of Japanese dolls celebrating the 50th anniversary of the establishment of diplomatic relations between Japan and Vietnam will open at the central city’s Fine Arts Museum on May 30.

International chess masters to play in Da Nang

The city’s culture and sports department said the tournament will see chess masters playing in a round-robin in four groups, with two top each qualifying in the quarter-finals.

380 new species discoveries in the Greater Mekong region: WWF report

With many of the species already under threat of extinction from human activities, WWF is calling on governments in the region to increase protection for these rare, amazing creatures and their habitats.

VN consumers, businesses urged to join fight against counterfeit sold online

Consumers and businesses are called on to join authorities to curb counterfeit, fake, and smuggled goods on online shopping platforms, particularly as e-commerce has been thriving strongly in Vietnam.

Vietnam wins four silver medals at Asia-Pacific Informatics Olympiad 2023

Six Vietnamese students participating in the Asia-Pacific Informatics Olympiad 2023 won 4 silver and 2 bronze medals.
back_to_top