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Nguyen Tat Thanh street, District 4 will be expanded to 40m

Perspective of Nha Rong - Khanh Hoi port complex in the future

With the construction of two Thu Thiem 3 and Thu Thiem 4 bridges and the expansion of the Nguyen Tat Thanh route connecting District 1 with District 4 and District 7, future land plots along the Saigon River will be expected. will be replaced by high-end real estate projects, prominent of which is Nha Rong – Khanh Hoi Complex.

Expanding Nguyen Tat Thanh street from 14m to 40m

It is known that the Nguyen Tat Thanh road is about 3km long but plays a very important role when connecting the center of Ho Chi Minh City with districts in the south of HCM City and many provinces in the South West. the set. At this time, many high-end apartment projects are continuously invested, most concentrated in the area along the canals, Van Don Ben because of the location opposite the District 1, so the density of storage Increased traffic, serious traffic jams often occur.

According to the Ho Chi Minh City Department of Transportation, the width of Nguyen Tat Thanh street is just 14m, so the extension of the road surface will be 40m, the extension will be at Khanh Hoi port. This master plan is now submitted to the competent authorities for approval. According to this official, the expansion of Nguyen Tat Thanh road, though approved, also depends on the progress of moving Khanh Hoi port.

Nguyen Tat Thanh road
Nguyen Tat Thanh road will be expanded to 40m in the future

Previously, Nha Rong – Khanh Hoi port was asked by Ho Chi Minh City People’s Committee to report the relocation plan, ensuring completion of handover before 31/12/2018. Currently, the terminal is accelerating the pace of life, all the container gantry crane has been removed and moved right from the beginning of December. According to representatives of the port management, the progress of moving About 70%, expect to ensure the plan to hand over clean premises to the local government.

At the same time, the HCM City People’s Committee has directed the Department of Natural Resources and Environment of Ho Chi Minh City in coordination with relevant agencies and agencies to report on the relocation of Tan Thuan port when constructing Thu Thiem bridge. Urban Planning must propose land use planning and planning for the remaining land area of ​​this port.

Considering the adjustment of the 1/2000 master plan, the land use planning and the land use plan for the land of the Saigon port under Tan Thuan Tay precinct, District 7 for relocation of the office building. of Sai Gon port and investment in logistics center.

HCMC Department of Transportation was also asked to set up a joint steering committee of the port system to support the transport infrastructure connecting the ports, ensuring safety and avoiding traffic jams, To meet the requirements of import and export of goods in service of tourism. Proposing safety measures and avoiding traffic congestion for transport means entering and leaving Hiep Phuoc Port, Nha Be District when relocating ports in District 4 and District 7 in this area.

Approved Ngoc Vien Dong to invest in Nha Rong – Khanh Hoi complex

Prior to 2017, the City People’s Committee approved Ngoc Vien Dong Urban Development and Investment Co., Ltd. as an investor of the investment project of Nha Rong – Khanh Hoi Complex.

Accordingly, the project site at Nha Rong – Khanh Hoi port is located in Ward 12, 13 and 18 of District 4 with a total area of ​​31.5 hectares.

Perspective of Nha Rong - Khanh Hoi port complex in the future
Perspective of Nha Rong – Khanh Hoi port complex in the future

The investment project of high-rise mixed-use residential complex includes trade center for services, apartments (3,116 units), villas (32 units), kindergartens, primary schools, junior high schools, Technical infrastructure detailed planning 1/500 scale Sub-zone Port District 4.

Ngoc Vien Dong Urban Development Investment Co., Ltd was originally established by Saigon Port Joint Stock Company in cooperation with Vingroup Corporation to invest in Nha Rong – Khanh Hoi Complex. In particular, Saigon Port contributed 300 billion, holding 26% of charter capital. Later, when the project of Nha Rong – Khanh Hoi complex was set up with the total investment of up to 17,000 billion dong, the charter capital of Ngoc Vien Dong must be equivalent to 5,000 billion dong. Therefore, Ngoc Vien Dong suggested Sai Gon Port to contribute VND1,100 billion to maintain its 26% ownership ratio.

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Nguyen Tat Thanh street, District 4 will be expanded to 40m
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