Ho Chi Minh City is advancing its urban development with four major projects aimed at enhancing its infrastructure and cultural landscape.
On April 29, the city broke ground on these initiatives, which include the Metro Line No. 2 and the Central Square and City Administrative Center. The total investments for these projects exceed VND 234 trillion (approximately .9 billion).
Ho Chi Minh City Launches Major Urban Projects
The groundbreaking ceremony marks a significant step in Ho Chi Minh City’s transformation into a mega-urban center. The Metro Line No. 2, with an investment of nearly VND 46.3 trillion (.73 billion), is set to enhance public transport and is expected to be completed by 2030. This line will connect key areas, facilitating better mobility for residents and visitors alike.
Additionally, the Central Square and City Administrative Center project, which has a total investment of nearly VND 30 trillion (.14 billion), will feature a floor area of about 272,000 sq.m. This center is scheduled for completion between 2026 and 2028, aiming to create a modern governance space.
Ho Chi Minh City: Key figures on Urban Development Projects
- VND 46.3 trillion (.73 billion) for Metro Line No. 2
- VND 30 trillion (.14 billion) for the Central Square and City Administrative Center
- VND 128.87 trillion (.89 billion) for the Can Gio International Transshipment Port
- VND 59 trillion (.23 billion) for the International University Urban Area project
Investment and Future Vision for the City
These projects are not just about infrastructure; they represent a vision for a modern, connected city. The Can Gio International Transshipment Port, covering about 571 ha, aims for a green and smart model with a projected capacity of 4.8 million TEUs by 2030. This port will enhance trade and logistics capabilities, further integrating Ho Chi Minh City into global supply chains.
Moreover, the International University Urban Area project, spanning about 880 ha, is designed to foster educational excellence and innovation, contributing to the city’s long-term growth and development.
Next Steps for Ho Chi Minh City’s Development
- Completion of Metro Line No. 2 by 2030
- Central Square and City Administrative Center to be finished between 2026 and 2028
- Development of the Can Gio International Transshipment Port
- Progress on the International University Urban Area project
Ho Chi Minh City’s ambitious projects are set to redefine its urban landscape and enhance its global standing.
