Connect with us

What are you looking for?

ECONOMY

HCM City infrastructure development to focus on services sector

Ho Chi Minh City’s infrastructure development is focused on transforming the economy and making it services-based.

The city Department of Planning and Construction has submitted to the People’s Committee the 2020 – 2045 programme for developing industrial infrastructure.

It seeks to make the city the country’s leader in terms of combining the services sector with infrastructure development and linking commerce with services and urban areas with industrial parks.

It calls for good transport connectivity between the city, its satellite urban areas and industrial parks located in nearby provinces.

It also envisages the construction of express railway and continuous traffic routes to the Mekong Delta and central region to reduce the pressure on Ho Chi Minh City.

It recommends building ring roads No. 3 and No. 4 by 2025, gradually creating links between industrial parks and satellite urban areas.

Several national highways will be upgraded, and infrastructure will be built in new and recently expanded industrial parks.

In 2025 – 2045 the city will focus on storage and logistics development and rail links between the city centre and satellite urban areas and between the latter and industrial parks and highways.

The city will also build infrastructure to develop logistics and the southern key economic region, with a focus on the No.5 ports cluster (Ho Chi Minh City, Đong Nai and Ba Ria – Vung Tau), to help develop services for businesses that use ports.

The plans for developing industrial parks will be integrated into the city’s socio-economic development plan, with those struggling with land compensation and other issues left out.

Existing ones will focus on hi-tech infrastructure development, the digital economy and housing policies for workers.

VNA

CORPORATE

In collaboration with EXOR International and Telecom Italia, Intel looks to demonstrate the benefits of on-premise 5G private network and AI. Building a Smart...

SUPPLY CHAIN

We look at how manufacturers in Asia, including Toyota and Honda, have faced supply chain challenges due to various materials shortages and Covid-19 As...

SUPPLY CHAIN

APEC Regional Trends Analysis report found the APEC region is expected to grow by 6.3% in 2021, but the recovery is going to be...

MANUFACTURING

Manufacturing Global takes a look at the latest manufacturing market trends in CPG, predictive maintenance, Big Data security, AI and industrial robotics Consumer-Packaged Goods...

Scroll Up