VND 2, 641 billion to build Thu Thiem New Urban Area

An agreement for building technical infrastructures in the northern residential area and the north-south road in Thu Thiem new urban area was signed by Management Board for Investment and Construction of the Thu Thiem New Urban Area and Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII).

Thu Thiem new urban area complex is invested thousands of billion dong. (Photo:SGGP)

Deputy Chairman of the Ho Chi Minh City People’s Committee Le Van Khoa witnessed  the signing ceremony.

The technical infrastructure project built under the Build-Transfer (BT) contract with total investment capital of VND 2, 641 billion has been carried out since last July.
The northern residential area of Ho Chi Minh City covers total 89 hectares of land and is a part of the urban area complex below Thu Thiem Bridge Pier 1.

By Quoc Hung- Translated by Huyen Huong

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