At the conference to announce the general planning project to 2040 and promote investment invitation, the People's Committee of Thu Duc City said that it is expected to auction 49 land lots with a total area of 49 hectares in Thu Thiem new urban area, Phuc The case for functions such as multi -function residential areas, trade - services, high density population, education, fuel stations and cultural works.
According to this plan, the city will organize auction of 3 plots of land in functional zones No. 1 and functional zone No. 3 including lot 1-2 (7,800m²), lot 1-3 (5,000m² wide). The plan is a multifunctional population, lot 3-5 (6,500m² wide) planning a mixed apartment building with a combination of trade and service functions.
The auction is expected to be implemented in June 2025. After the auction results will learn from experience and continue auction of the remaining lots.



After the above period, Ho Chi Minh City plans to auction 4 plots of land in functional zones No. 1, 3 lots of functional zones No. 3 and 1 lot of functional zones No. 7, including lot 1-5, 1-6 , 1-9, 1-10, 3-8, 3-9, 3-12 and 7-1. Expected implementation period from July 725 to 2026.


In addition, for 2C entertainment sports complex including 6 lots, the People's Committee of Ho Chi Minh City assigned Thu Duc City to coordinate with the Department of Planning and Architecture to carry out the procedures for adjusting the planning of 1/2000 scale and planning Detailed construction details 1/500 as prescribed. Department of Natural Resources and Environment was assigned to submit to the People's Committee of Ho Chi Minh City for agreement on selecting investors through auction.

For 2 plots of 1-12 and 1-20, Thu Duc City People's Committee reports to the People's Committee of Ho Chi Minh City on the situation of the progress of compensation and site clearance. Department of Natural Resources and Environment was assigned to submit to the People's Committee of Ho Chi Minh City for agreement on selecting investors through auction.

Thu Thiem new urban area, planned from 1996 with an area of 930 hectares, located on the east bank of the Saigon River, is expected to serve 200,000 people and resettlement for 45,000 people. However, after 25 years, this area has not developed as expected.
According to Thu Duc City planning by 2040, Thu Thiem will become a first -class city, the economic, cultural and technological center of Ho Chi Minh City, with an expected population of 1.8 million people by 2030 and more than 3 million. People after 2040.