Ho Chi Minh City: Thu Duc city has announced its master plan for 2040, unveiling a strategic blueprint to transform itself into a leading economic, technological, and educational hub in the eastern region of Ho Chi Minh City. The announcement, made on February 6, highlighted the introduction of 535 investment projects, collectively estimated to require over 800 trillion VND (approximately 31.6 billion USD) in capital.
According to Vietnam News Agency, the master plan was officially approved by the Prime Minister under Decision No. 202 on January 21. The plan forecasts a significant population growth in Thu Duc, with numbers expected to reach 2.6 million by 2040 and potentially 3 million in the years that follow. This plan outlines Thu Duc’s future as a first-tier city, emphasizing its strategic importance in the region.
In conjunction with the master plan announcement, Thu Duc city also approved, in principle, 12 new projects scheduled for 2024. These projects represent an investment of over 33 trillion VND. The initiative aims to bolster economic growth and infrastructure development, solidifying Thu Duc’s role as a pivotal player in Vietnam’s urban and regional advancement.