HCMC Will Remove 20,000 Households Living Along The Canals

Ho Chi Minh City People’s Committee proposed the Government, Ministry of Construction … to apply the specific mechanism to create capital, attract investment to develop infrastructure.

On the morning of October 7, HCM City People’s Committee in collaboration with the Ministry of Construction held a workshop on management of construction, embellishment and urban development in Ho Chi Minh City. Speaking at the seminar, Nguyen Anh Vu, Head of Planning Division 1, Institute of Planning and Construction of Ho Chi Minh City, said that the first modification of the master plan, building HCM City 2020 for the separation and establishment of five new districts.

A number of projects and programs are also approved. Most prominent is the relocation of households living on and along Nhieu Loc – Thi Nghe canal. By 2010, the second master plan adjustment project will determine the development of HCMC in the direction of concentration and multipolar. In particular, the focus is on the inner city with 13 districts, in the direction of limiting the population growth, determine the appropriate height and appropriate density.

Ho Chi Minh City has allowed the relocation of households living in the south and the banks of the canal in District 8 to renovate the city

The multiple is the four poles of four development centers in Ho Chi Minh City in Districts 7, 9, Binh Tan and Hoc Mon. There will be four development directions: Hanoi Highway, Ho Chi Minh City-Long Thanh – Dau Giay Highway Corridor, Nguyen Huu Tho Road linking with Hiep Phuoc Port, National Road 22, Nguyen Van Linh.

At the same time, Ho Chi Minh City also focuses on the development of urban centers. In addition to the core area of 930 hectares located in Districts 1, 3, 4, Binh Thanh also has Thu Thiem (737 ha), South Saigon (2,975 ha), Hiep Phuoc (3,900 ha), Tay Bac (6,000 ha). In addition, Ho Chi Minh City has 11 new urban areas with a size of 200 hectares or more and 44 residential and other urban areas with a total area of 23,370 hectares.

Huynh The Du, Director of Fulbright Economics Teaching Program, said that in order to develop Ho Chi Minh City, it is necessary to do five jobs. The first is to make the goals of the urban renewal and urban development program more general, aiming at building a good and civilized city in Ho Chi Minh City.

Consistency in policies, ensuring that urban development is compressed by focusing on places that have shaped the city. To limit the development of new urban centers with low density and to maintain the green belt of Ho Chi Minh City. The third is a breakthrough program of addressing traffic jams with embellishment and urban development by directing public transportation.

Consistency in policies, ensuring that urban development is compressed by focusing on places that have shaped the city.

Development of Thu Thiem with the link with the existing center to bring Ho Chi Minh City into a service center for the southern region. Finally, it is the development of the Southern Economic Zone of Ho Chi Minh City in association with the regional association to clear the deadlock in the area.

Ms. Luu Thi Thanh Mau, General Director of Phuc Khang Corporation said that embellishment and development is a new program of seven breakthroughs that the resolution of the Party Congress of Ho Chi Minh City. The goal of the program is to re-organize people’s lives, improve living conditions and increase access to public services.

However, climate change issues due to the lack of green space have become a major concern of Ho Chi Minh City. The percentage of trees in the world is very high. For example, Singapore 30.3 sqm / person, Germany 50 sqm / person, Korea 41 sqm / person, France 25 sqm / person. Meanwhile, the rate of trees in Ho Chi Minh City is less than 1 sqm per person.

“Green environment, green architecture solution, sustainable architecture must be an indispensable choice to cope with the current situation of urban concrete. This is also a solution to adapt to climate change, reduce greenhouse gas emissions and satisfactorily solve the problems related to the living environment of residents, “- said Mrs. Mau.

Most prominent is the relocation of households living on and along Nhieu Loc – Thi Nghe canal.

Nguyen Thanh Phong, Chairman of HCM City People’s Committee, said in recent years, HCM City has concentrated its capital to renovate and develop urban areas, relocate houses along canals and build new ones.

***Update on new information on the real estate market in Vietnam here: Vietnam real estate market

At the same time, attract investment in new urban areas, social housing. This year, the construction industry is focusing on implementing the resolution of the Ho Chi Minh City Party Committee for the term 2015-2020, including the program of groundbreaking and improvement of urban development. By 2020, relocating all 20,000 people living on the canals, replacing and building 50% of the old condominiums built before 1975. In order to accomplish this goal, Ho Chi Minh City must have solutions timely and consensus of the people.

“We have to promote decentralization and decentralize HCM City in urban renewal. Apply specific mechanism for HCMC to create capital, attract investment to develop infrastructure. Implement measures, remove difficulties for the real estate market. At the same time, strengthen the State management to real estate market development healthy “- said Phong.

You are reading the article HCMC Will Remove 20,000 Households Living Along The Canals in the Real Estate category at https://realestatevietnam.com.vn/. Any information sharing, feedback please contact through Hotline (+84) 898 898 688 (24/7) or email to contact.vietnamrealestate@gmail.com.
Special thanks!