HCMC – Deputy Prime Minister Tran Hong Ha has signed a prime ministerial decision approving the adjustment of HCMC’s master plan through 2040, with a vision toward 2060.
According to Decision No. 1125/QD-TTg, HCMC aims to become a global city and a leading economic and financial hub in Asia by 2060, driving regional and national development, according to the Government news site.
HCMC is designated as a special centrally-governed city and serves as a national center for economy, culture, education, and science and technology. It is also a major hub for transportation and digital infrastructure at the regional, national, and international levels, and holds a strategic position in defense and security for the southeastern region.
The city will follow a multi-centered development model consisting of six sub-regions:
- The central area is defined as the zone within Beltway No. 2 and north of Doi and Te canals.
- The eastern area, currently Thu Duc City, is planned to become the Thu Duc urban sub-region.
- The western area includes the northern part of the central zone, the area west of the Can Giuoc River in Binh Chanh District, and the area west of National Highway 1 in Binh Tan District. This is projected to form the Binh Chanh urban sub-region.
- The northern area, covering Cu Chi and Hoc Mon districts along with the northern part of District 12 (north of National Highway 1), is planned to become the Cu Chi-Hoc Mon urban sub-region.
- The southeast area, comprising the entire Can Gio District, is set to form the Can Gio urban sub-region.
- The southern area includes the region south of Doi Canal (District 8), the eastern side of the Can Giuoc River in Binh Chanh District, District 7, and Nha Be District, and is projected to become the District 7-Nha Be urban sub-region.
Under the master plan, HCMC will prioritize the development of affordable housing and rental units to improve living conditions and meet actual housing demand.
By 2030, the average housing floor area is expected to reach 27-30 square meters per person, and 30-32 square meters per person by 2040. Housing development will be closely linked with urban expansion, redevelopment of existing areas, and improvements in infrastructure and quality of life.
HCMC will establish new development corridors, including the Saigon River corridor, which will transform both riverbanks into a distinctive central urban belt. This area will feature riverside roads, continuous parks, pedestrian and cycling paths, and high-capacity public transit.
A coastal economic corridor will link the city’s southern coastal areas with neighboring provinces, seaports, and centers for tourism, ecology, technology, and the Can Gio Biosphere Reserve.
The city will also expand its high-tech production zones in Thu Duc, Cu Chi, Binh Chanh, and Nha Be. This includes 33 industrial parks, three export processing zones, and seven industrial clusters along Beltway 3, National Highway 22, and Hiep Phuoc Port, all oriented toward high-tech and environmentally friendly development.
