On June 23, THADICO received 6 investment policy adjustment decisions for projects in Sala Urban Area during the "Conference announcing the 1/2,000 scale planning for 9 sub-areas and handing over investment decisions" organized by Thu Duc City People's Committee.

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Mr. Tran Anh Vu, THADICO Vice President (3rd from right), receives flowers and investment adjustment decisions at the conference

The conference brought together Mr. Nguyen Van Duoc, Chairman of Ho Chi Minh City People's Committee, Mr. Hoang Tung, Chairman of Thu Duc City People's Committee, along with representatives from departments, agencies, localities, and businesses. Mr. Tran Anh Vu, THADICO Vice President attended the event.

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Mr. Hoang Tung, Chairman of Thu Duc City People's Committee announces 9 sub-area planning at 1/2,000 scale

Speaking at the conference, Mr. Hoang Tung, Chairman of Thu Duc City People's Committee emphasized: "The announcement of 9 sub-area planning has special significance in Thu Duc City's urban development. The planning clearly identifies 9 functional sub-areas linked to 11 development focal points, providing a legal basis to attract investment for comprehensive development of technical and social infrastructure, contributing to improving people's quality of life."

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1/2,000 scale planning map of 9 sub-areas of Thu Duc City

According to the planning, Thu Duc City spans over 21,100 hectares with an expected population of over 2.5 million people. The 1/2,000 scale planning of the 9 sub-areas will serve as the foundation for new wards to submit their 1/500 scale detailed planning by the end of 2025, while piloting the exemption of construction permits for houses from January 1, 2026.

At the event, Thu Duc City People's Committee handed over investment decisions for 21 housing development projects, with total capital exceeding 54,000 billion VND. Among these, THADICO received 6 investment adjustment decisions for projects in Sala Urban Area, including high-rise residential areas, commercial-service-office complexes, a yacht marina, and an international hospital.

Previously, on June 15, Thu Duc City People's Committee issued 9 planning approval decisions as part of the Thu Duc City Master Plan to 2040 (Decision No. 202/QD-TTg) as well as the Ho Chi Minh City Master Plan to 2040, vision to 2060 (Decision No. 1125/QD-TTg).

Receiving these investment adjustment decisions marks a new milestone in THADICO's commitment to Thu Duc City government, opening numerous cooperation opportunities in investment and construction, while affirming its capacity and development vision in the new phase.