HCMC approves detailed planning for $9 bln Can Gio marine tourism-urban area

The Can Gio marine tourism-urban complex project has an area of 2,870 hectares and total investment capital of nearly $9 billion, according to the 1/500 detailed planning recently approved by Ho Chi Minh City authorities.

The sea encroachment tourism-urban area is located in Long Hoa commune and Can Thanh township, all in Can Gio district.

The project, including four subdivisions A, B, C and D-E, will be home to nearly 230,000 people and capable of welcoming 8-9 million visitors each year.

It aims to become a complex with smart urban areas, marine tourism areas, resorts, hotels, and high-tech services.

Subdivision A covers more than 950 hectares, with one side bordering the East Sea (Dong Tranh river mouth) and the other side bordering Can Thanh township.

This will be an ecological residential area with tourism services in the gateway of the Can Gio marine tourism-urban area. The subdivision is divided into eight areas, including four residential units (A1, A3, A4, A6) and four functional areas (A2, A5, A7, A8).

Subdivision B has an area of nearly 660 hectares, with one side bordering the East Sea and the other side bordering the internal coastal road of the 30/4 tourism area.

This subdivision is divided into four residential units, namely B1, B2, B3 and B4, with an expected population of 75,000 people and one functional unit B5.

Subdivision B will develop resort tourism, public-urban service works, and technical infrastructure centers.

Social housing is located in units B1, B2 and B3 with a total area of nearly 103 hectares, accounting for over 20% of the residential land area of the entire project.

Subdivision C covers about 318 hectares with two sides facing the sea. It is divided into six residential units from C1 to C6, with a maximum population of 41,364 people. It includes mixed construction areas including 44-storey buildings.

This subdivision is planned as a modern urban, port, office, commercial-service and financial center. The urban facilities include villas, townhouses, and apartments.

Subdivision D, about 480 hectares, is divided into four units D1, D3, D4, D5 and two functional areas, including tourism functional area D2 and functional area E1.

The subdivision includes high-end resorts, a commercial center, and a modern urban area with townhouses and villas that are modern and smart.

Subdivision E has about 458 hectares of water surface, with canals and trees.

According to a decision to adjust the investment policy for this project in June 2020, the project scale was increased from 600 hectares to 2,870 hectares.

Total investment capital is more than VND217.05 trillion (equivalent to nearly $9 billion), of which equity is nearly VND33 trillion ($1.32 billion). The project will be implemented over 11 years and operate for 50 years.

Can Gio Tourist City Corporation, a subsidiary of private giant Vingroup and the project investor, is expected to implement the project from April 2025. This complex can be completed by 2030.

About 50 km southeast of Ho Chi Minh City's center, Can Gio is the city's only coastal district.

According to the HCMC planning for the period 2021-2030, with a vision until 2050 recently approved by Prime Minister Pham Minh Chinh, Can Gio district will become an ecological urban area, with biosphere reserves preserved. It will focus on marine economic development, with transshipment ports, free trade zones, logistics, tourism, marine ecological urban areas, and renewable energy.

To achieve this goal, in addition to the sea encroachment tourism-urban area project, Ho Chi Minh City has the Can Gio international transit port project, with total investment capital of about $6 billion.