HCMC – The HCMC government has set a deadline to complete compensation, resettlement and site clearance for two major projects – the Rach Chiec National Sports Complex and the Binh Quoi–Thanh Da New Urban Area—with a total estimated cost of VND244 trillion.
Under an implementation plan issued by the municipal government, all cleared land must be handed over to investors by the end of October. Authorities have also adopted a strict 20-step compensation process and instructed local agencies to ensure sufficient land and housing are available for resettlement.
The timeline is part of a compensation, support and resettlement plan announced by the HCMC government on June 4. The move reflects the city’s determination to resolve long-standing land clearance bottlenecks that have delayed development in both areas for years.
The Rach Chiec National Sports Complex, covering more than 186 hectares in Binh Trung Ward, has an estimated investment of over VND145 trillion. The project has completed the initial stages of land measurement and asset surveys and is moving ahead with site clearance.
A centerpiece of the development will be a 70,000-seat stadium with an estimated investment of VND35 trillion.
For the Binh Quoi–Thanh Da New Urban Area project, which is expected to require nearly VND99 trillion in investment, authorities have set a detailed schedule. Verification of land-use and property records must be completed by June 20, compensation plans approved by August 27, and compensation payments and resettlement arrangements finalized by September 30. Cases involving objections or unresolved issues must be settled by October 15 to ensure that the entire site is handed over by October 31.
The Binh Quoi–Thanh Da project is planned to accommodate around 54,000 residents with more than 25,500 housing units. In line with current regulations, 20% of residential land will be allocated for social housing.
The city has instructed departments and agencies to make full use of special mechanisms and policies to shorten administrative procedures. Compensation and land valuation processes are required to be conducted transparently to protect the legitimate interests of affected residents and minimize disputes that could delay project implementation.
The Department of Agriculture and Environment has been assigned to monitor progress, compile weekly reports and promptly raise issues that exceed its authority.
City officials expect that completing site clearance before November 2026 will pave the way for the development of two landmark urban projects, combining world-class sports infrastructure with modern residential areas and contributing to the city’s long-term socioeconomic growth.
