The Ho Chi Minh City Infrastructure Investment JSC on June 27 commenced the construction of technical infrastructure at the northern residential quarter and the north-south road in Thu Thiem new urban area.
The residential area comprises 44 parcels of land with land-use functions as following: mixed use residential development, mixed use commercial development, and community facilities.
The total developing area is approximately 423,657 square metres.
The construction of the north-south road, which is 1,097 meters long and 44.7 meters wide, is conducted under the built-operate (BT) form.
Other facilities, including water supply, electricity and drainage systems, will be built.
The technical infrastructure project worth about VND3.3 trillion (US$151.3 million) will be implemented within 18 months.