HCMC – Phan Van Mai, chairman of the HCMC People’s Committee, has urged businesses to invest in Thu Duc City, positioning it as a new growth driver for HCMC and as an international financial center.
Speaking at a conference announcing Thu Duc City’s master plan to 2040 held today, February 6, Mai emphasized the plan’s strategic role in achieving HCMC’s long-term development goals.
“This is an opportunity to fully leverage the city’s special mechanisms and policies, unlocking strong development potential for Thu Duc City,” said Mai.
The city aims to complete Thu Thiem’s financial center and the university urban area by 2030, while strengthening links with neighboring provinces such as Binh Duong, Dong Nai, and Ba Ria-Vung Tau.
“HCMC welcomes both domestic and foreign investors to confidently invest in Thu Duc. The city remains open to investor feedback to help transform Thu Duc into a major growth engine and international financial hub,” Mai added.
Hoang Tung, chairman of Thu Duc City, said Thu Duc serves as a key transportation gateway for the southeastern region and is a center for economic, science, technology, culture, and education.
The city’s population is projected to reach 1.8 million by 2030 and 2.6 million by 2040.
Thu Duc has formulated 535 investment projects requiring over VND800,000 billion in capital. The master plan divides the city into nine zones with 11 key development spheres, aiming to boost economic growth, attract investment, create jobs, and improve social infrastructure.
Thu Duc’s public transport infrastructure will feature nine urban railway lines, including connections to other parts of HCMC and the under-construction Long Thanh International Airport, expected to meet 50% to 60% of commuter demand.
