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Overview of transport infrastructure in the East with many routes about to be expanded: The place is preparing to become "a city in Ho Chi Minh City"
Date: 5/23/2020 9:22:36 AM
Ho Chi Minh City has chosen the idea of ​​planning districts 2, 9 and Thu Duc to become an eastern creative urban area with key functions in finance, science, education, etc. Therefore, Ho Chi Minh City is building investment strategy of transport infrastructure network of large scale, inter-regional connectivity smoothly.

In order to quickly implement this plan, Ho Chi Minh City is proposing specific mechanisms to attract investment and talent for creative urban areas. In the future, creative urban areas will become the leading economic areas of the city.

In the coming time, Ho Chi Minh City will concretize the ideas into a legal framework for planning. At the same time, reviewing legal bases and developing new regulations, creating the most favorable conditions to form the creative eastern urban area, paving the way for the birth of the Eastern city in the future.

Sasaki Company - The winner of the Eastern Urban Planning Concept Contest, emphasized that Ho Chi Minh City must place large-scale transport infrastructure investment network connected to the existing central area. At the same time, the project aims to become more effective and oriented towards regional linkages in accordance with the strategy for future urban expansion. 

Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 1.
Overview of transport infrastructure in the East with many routes about to be expanded: The place is preparing to become "a city in Ho Chi Minh City" - Photo 2.
Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 3.

According to real estate experts’ analysis, not only in 2020, but for many years to come, the East will become the market-leading area.This area is considered to be the most open direction in the city’s urban development strategy.

Investors also believe that because of these great opportunities, in 2020, the East will be the center of the HCM City real estate market. Because this area still has a lot of development space and possesses sufficient factors to stimulate the real estate market to go up. Transport infrastructure, public services and a series of new urban areas with large investment capital have been gradually created, creating great trust with investors.

In addition to the main axis of Hanoi highway, the East area also has a series of strategic axes such as Ho Chi Minh City - Long Thanh - Dau Giay expressway (the first 4km); Ben Thanh - Suoi Tien metro, Ring 2, Mai Chi Tho, Dong Van Cong, Nguyen Duy Trinh street extension, ... and the upcoming new Eastern Bus Station project will create more motivation to create motivation. develop this area.

In addition, the traffic in the East is easy to move to the directions of Phu My, Thu Thiem, Thu Thiem tunnels, Vo Van Kiet Boulevard, ... with the time to enter the city center about 15-20 minutes. . In addition, the connection of Phu My Bridge to the Ring Road helps traffic between the East and Phu My Hung New Urban Area as well as neighboring provinces such as Dong Nai, Ba Ria - Vung Tau, Long An become more convenient. .

Overview of transport infrastructure in the East with many routes about to be expanded: The place is preparing to become "a city in Ho Chi Minh City" - Photo 4.

In April 2020, the new Eastern Bus Station project and Cancer Hospital 2 will come into operation.Also during this period, HCMC Urban Works Management Board will start construction of overpasses and tunnels connecting from many main roads to the new Eastern Bus Station and Metro Central Station.

Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 5.
Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "a city in Ho Chi Minh City" - Photo 6.

Constructing overpass 4 (over the main route of National Highway 1) including 3 lanes to organize the traffic from the Eastern Bus Station to turn left to turn to the center of Ho Chi Minh City and Binh Duong.In addition, to build 2 underpasses, 1 road on the parallel road section must be 8m wide on NH1, 670m long for 2-wheelers going straight to Dong Nai direction and 1 road on the left parallel road section QL1 8m wide, 350m long for vehicles 2 wheels going straight to Ho Chi Minh City.

In the period of 2020 - 2022, the Department of Transport of Ho Chi Minh City said it will continue to upgrade and expand transport infrastructure in the East such as expanding Nguyen Duy Trinh street to 4m; to build a section linking Phu Huu bridge to Hanoi Highway (including Binh Thai intersection); building a link from Cat Lai port to Ring road 2; upgrade and expand Nguyen Thi Dinh street to 77m (the section from Giong Ong To bridge to My Thuy bridge) with a total investment of more than VND 1,400 billion from the budget, particularly ground clearance is over VND 850 billion. Relevant units are finalizing specific investment plans to submit to competent authorities for consideration in the near future.

In parallel, My Thuy intersection project is a key traffic project of Ho Chi Minh City with a total capital of nearly VND 2,400 billion. Once the project is completed, it will solve traffic congestion problems, meet the needs of transporting goods into Cat Lai port and connect with Ring Road 2 from Phu My Bridge to Ho Chi Minh City - Long highway. Thanh - Dau Giay. At the same time, this project also contributes to enhance traffic safety on the route, step by step synchronize transport infrastructure and complete the planning in this area.

Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 7.

At the intersection of Mai Chi Tho - Dong Van Cong will be invested to build a 3-storey underground project, in parallel with upgrading and expanding the Dong Van Cong route extending to the existing Cat Lai urban area.

Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 8.

My Thuy underground tunnel is being invested in the second phase from 2020 to 2021, including a flyover on the Ring Road 2 of 316m with 4 lanes;the left turn bridge from Cat Lai to Phu My bridge is 725m long with 2 lanes;My Thuy 3 bridge, 124m long with 6 lanes;Ky Ha 4 Bridge on the right turn branch from Phu My Bridge to Cat Lai, 75m long with 4 lanes.Total investment of phase 2 is about VND 1,100 billion.

 

The latest movement, in order to solve traffic congestion at Cat Lai port, Ho Chi Minh City People’s Committee has agreed to advocate a number of options for expanding the roads connecting to this area. Accordingly, Option 1 is to expand Nguyen Thi Dinh Street from My Thuy intersection to Cat Lai ferry. Option 2 is to build a road connecting Cat Lai - Phu Huu port and expand Nguyen Duy Trinh road from Ring 2 to the access road to and from Phu Huu port according to the approved boundary.

In parallel, the Ho Chi Minh City People’s Committee has just approved the policy of continuing to implement the investment project to build the technical infrastructure of the Northern Residential Area and complete the North - South trunk road of Thu Thiem new urban area, build build 4 bridges and dredging works, dig a central lake and new canals in Thu Thiem New Urban Area.

For the investment project to build a parallel road from Mai Chi Tho road through Nam Rach Chiec residential area to Vanh Dai 2 road (at An Phu intersection along Long Thanh - Dau Giay Expressway), City People’s Committee. Ho Chi Minh City will recover the assigned land for the project BT contract and find other suitable land to pay for the project BT contract.

Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "a city in Ho Chi Minh City" - Photo 9.
Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 10.

Among all the above transport infrastructure projects, there is also another important project which is evaluated to contribute greatly to inter-regional connectivity between Ho Chi Minh City and Eastern provinces and cities. Accordingly, leaders of Ho Chi Minh City People’s Committee and Dong Nai People’s Committee leaders have been discussing the plan to build Cat Lai Bridge, connecting District 2 of Ho Chi Minh City with Nhon Trach District, Dong Nai Province.

Initially, the two localities agreed on the project implementation plans with the determination to quickly build this project. This is considered an important "push" for Ho Chi Minh City to quickly implement the strategy of developing satellite urban areas and planning the expanded eastern urban area. The project according to the initial calculation has a total investment, including clearance costs, up to nearly 9,000 billion.

Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become "the city in Ho Chi Minh City" - Photo 11.
Overview of transport infrastructure in the East with many roads about to be expanded: The place is preparing to become a "city in Ho Chi Minh City" - Photo 12.

Existing Cat Lai ferry - which will be invested in the construction of Cat Lai bridge project connecting Ho Chi Minh City with Nhon Trach district of Dong Nai province.

Overview of transport infrastructure in the East with many routes about to be expanded: The place is preparing to become a "city in Ho Chi Minh City" - Photo 13.

Record of the fact that the strong wave of infrastructure development in the East has made the real estate market here constantly develop into a focus of investment of many leading real estate companies at home and abroad. .A series of urban and residential projects to create a modern community, connected with many utilities are being implemented here, from which the asking price of segments also increased sharply.

The real estate market in early 2019 until now, even in the months when the market "stood still" due to the Covid-19 pandemic, many areas in the East constantly increased prices. According to the explanation of investors, the increasing land price in the East is understandable, in which the main reason is the development of transport infrastructure, which helps to shorten the travel time from the districts of the East. into the city center.

If comparing the prices of apartments in District 2, District 9 at the present time with about 2 years ago, it can be seen that the apartments here have increased on average from 40–60% of the value even in many places. increased to several hundred percent, and the liquidity always reached over 90%. In particular, the projects that have been completed and are located along the main roads of the East such as Jamila, Safira are "hunted" continuously.

At the meeting with the Prime Minister on the morning of 8/5, Ho Chi Minh City Chairman Nguyen Thanh Phong proposed the Prime Minister to allow Ho Chi Minh City to build a scheme to establish a city under Ho Chi Minh City on the basis of merging District 2 , district 9 and Thu Duc district as defined in Article 3 of Resolution No. 653 of the National Assembly Standing Committee. Regarding this strategy, Prime Minister Nguyen Xuan Phuc supports the merger of the three eastern districts of Ho Chi Minh City. "What is the name after the establishment will discuss further", the Prime Minister said and assigned the Ministry of Justice to guide Ho Chi Minh City to implement.

(Source:)
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