According to him, if the city bans developing housing projects in the current downtown area covering 930 hectares, investors will flee to other places rather than flocking to the center area in the next 3-5 years.
At the meeting, deputy director of the Department of Transport Tran Quang Lam said that the agency is building a project on public transport intensification and private vehicle limitation.
The project would be implemented when there are necessary and sufficient conditions. Specifically, public transport system must be developed for residents to easily access to the system before private vehicles are limited.
