The project will be implemented in Binh Quoi Ward on apiece of land spanning approximately 405.9 hectares, located on the Binh Quoi–Thanh Da Peninsula — an area surrounded by the Saigon River with clearly defined natural boundaries.
Under the orientation, the project is planned as an integrated urban area, comprising residential zones, mixed-use functional areas, an administrative–service centre, commercial and tourism spaces, parks, green areas, water surfaces, and a synchronous system of technical and social infrastructure. The project is also associated with the function of a flood-adaptive urban park, contributing to climate change adaptation.
The Binh Quoi–Thanh Da New Urban Area lies within a key urban development zone identified in the master plan approved by the Prime Minister under Decision No. 1125/QD-TTg, dated June 11, 2025.
The total estimated investment capital is expected to exceed 50 trillion VND. The project has been identified as eligible for consideration under the strategic investor selection mechanism and is included in the list of priority projects for attracting strategic investors, as stipulated in Point d, Article 7 of Resolution No. 260/2025/QH15.
According to the Ho Chi Minh City People’s Committee, the selection of the project investor will be carried out under the mechanism for reviewing and approving strategic investors as regulated by National Assembly Resolution No. 98/2023/QH15 and Resolution No. 260/2025/QH15.
In the event that only one investor submits a proposal and fully meets the criteria for a strategic investor, the competent authority will consider and decide on the selection.
If two or more strategic investors submit valid applications, within seven days from the date of receipt of the first valid dossier, the investment registration authority will report to the Ho Chi Minh City People’s Committee for the issuance of scoring criteria and the establishment of a review council to ensure transparency and fairness in the selection process.
Investment proposals from strategic investors will be accepted starting from the date the announcement is publicly posted on the Ho Chi Minh City web portal. Dossiers submitted after the seven-day deadline from the receipt of the first valid application will not be considered and will be returned.
Applications may be submitted at the Ho Chi Minh City Public Administration Service Centre or via the National Public Service Portal in accordance with regulations.
The city encourages reputable and capable strategic investors to participate in studying and preparing proposals for the project, contributing to the development of the Binh Quoi–Thanh Da area as a modern, ecological, and sustainable urban zone.
