HCM City authorities have approved several major housing and urban projects spread over hundreds of hectares in both inner and suburban districts.
HCM City plans to invite experienced international experts to get involved in selecting designs for a pedestrian bridge linking District 1 and the Thu Thiem New Urban Area in District 2 over the Saigon River.
The support policies for residents affected by the Thu Thiem New Urban Area project in District 2 will not put them at a disadvantage, but will even benefit them, said HCMC Vice Chairman Vo Van Hoan.
HCM City authorities recommended the construction of Ho Chi Minh Square in Thu Thiem new urban area.
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.
Many infrastructure facilities, including roads are overloaded as many new residential areas have been built and the number of means of transportation rapidly rise in suburban areas of Ho Chi Minh City in the past few years.