Ho Chi Minh City’s (HCMC) master plan calls for the city to be developed into the nation’s largest economic hub for tourism, industrial services and high-tech agriculture by 2040, with a focus on climate change adaptation.
Ho Chi Minh City’s (HCMC) master plan calls for the city to be developed into the nation’s largest economic hub for tourism, industrial services and high-tech agriculture by 2040, with a focus on climate change adaptation.
According to a government decision on the master plan, the southern Vietnamese city is expected to have 13-14 million people by 2040 and 16 million by 2060. It plans to allocate 100,000-110,000ha of land for urbanisation by 2040.
The city will remain the country’s economic and technological hub, focusing on innovation as part of the national urban development strategy.
Under the master plan, the city will develop a complete infrastructure linking the city with neighbouring provinces. The newly established Thu Duc City will be developed into an innovative city model that will support the development of HCMC and the southern region.
The city will integrate urban development with transit-oriented development (TOD), including underground-based public transport solutions.
The master plan requires the effective use of the city’s natural conditions and ecosystems to protect the environment and adapt to climate change.
The government has asked the city People’s Committee to develop a plan to allocate capital and approve the total cost estimate, and work with the Ministry of Construction and others to make adjustments to the master plan.
The city has also set a goal by 2060 to become an international trade and financial centre in the Asia-Pacific region. The city will create an appealing working environment with a diverse culture, heritage conservation, and a scenic river system.
HCMC has faced serious flooding for over 20 years. The previous city’s development plan, which was done before 1975, was designed for only two million people. It has failed to keep pace with the rising population.
According to a recently revised master plan submitted to the city government by the Department of Planning and Architecture, the new Thu Duc City, formed by merging districts 2, 9 and Thu Duc district, will have 18,930ha of land for urban construction by 2030, and 19,994ha by 2040.
It currently has a population of more than one million. The figure is expected to reach 1.5 million by 2030, and 1.9 to 2.2 million people by 2040 and three million by 2060.
The new Thu Duc City will implement a range of key projects to create an innovative ecosystem.
These include the Quang Trung Thu Duc Software Park, the Advanced Technology and Innovation Centre (under the Department of Science and Technology), a High-Performance Computing Centre, a Creative Start-up Centre, an Advanced Research Institute (under the National University of HCMC), and a Centre for Research and Pharmaceutical Production Products, among others.
The new city will also focus on developing quality human resources.
HCMC will offer special incentives to attract investment in these projects.
As the city’s eastern gateway, Thu Duc City will be developed into a centre of innovation to assist the growth of HCMC and seven key economic hubs in the southern region.
VIET NAM NEWS/ASIA NEWS NETWORK
