HCMC calls for investment in dozens of mega projects for 2026-2030

Ho Chi Minh City is seeking investment for a wide range of large-scale projects worth trillions of VND (VND1 trillion = $37.97 million) across key sectors in the 2026-2030 period, as the Vietnamese metropolis accelerates its transformation into a high-tech, logistics and services hub.

According to the city’s wishlist, housing leads with 98 projects, followed by industry and environment (41 projects, mainly industrial parks), tourism and hospitality (26 projects), and culture and sports (21 projects). The list also includes 17 healthcare projects, 12 in education, seven in high technology, and six in seaport and logistics.

In the high-tech sector, several major developments are concentrated in Saigon Hi-Tech Park. These include a data center at Lot T8 covering nearly 49,600 square meters with an investment of VND13.38 trillion ($508.07 million), and another at Lot T9 worth VND12.04 trillion spanning over 44,500 sqm. A high-tech service center at Lot T7, nearly 80,000 sqm in size with over VND4.3 trillion ($163.28 million) in capital, is also being called for investment.

Manufacturing projects include high-tech factories at Lot I-14.4 (VND2.18 trillion or $82.78 million) and Lot I-1b-2 (nearly VND1.4 trillion), reflecting the city’s push to attract electronics and semiconductor industries.

In logistics and seaports, the Long Son General Port project is among the highlights, with total investment of VND12 trillion ($455.67 million), an initial area of 35 hectares, expandable to 230 hectares, and capacity for vessels up to 100,000 tons. My Xuan 6 Port, covering around 20 hectares with VND2 trillion ($75.94 million) in investment, is designed to handle over 2 million tons annually.

The city is also calling for VND6 trillion ($227.83 million) in investment for the Long Binh Inland Container Depot (ICD), alongside an inland port in Dong Thanh commune to strengthen connectivity between industrial parks and seaports, forming an integrated logistics chain.

The industry and environment group features large industrial parks of up to over 1,000 hectares, including Bac Chau Duc 1 (1,200 ha, VND13.27 trillion or $503.89 million), Phu My (650 ha, VND7.5 trillion or $284.79 million), and Bac Tan Uyen 5 (500 ha, VND5 trillion).

Other projects such as Lai Hung, Binh Duong Riverside, and Dau Tieng (600-800ha each) are oriented toward high-tech and clean manufacturing. Major wastewater treatment plants, including Tham Luong-Ben Cat, Nam Saigon, and North Saigon, are also part of the plan.

Transport infrastructure attracts the largest share of capital, especially metro development. Metro Line 1 (Ben Thanh-An Ha), 21.1 km long, has a projected investment of VND86.52 trillion ($3.29 billion), while Metro Line 2, including Tham Luong-Cu Chi and Ben Thanh-Thu Thiem sections, spans nearly 51 kilometers (VND73.2 trillion).

In urban development, major projects include Binh My Urban Area (586 ha) and Tan Uyen Urban Area (299 ha, VND33.82 trillion or $1.28 billion), alongside developments along Ring Roads 3 and 4, as well as social housing and mixed-use complexes.

The trade, services, and tourism sector focuses on high-end resorts, hotels, commercial centers, and eco-tourism sites such as Tha La Peninsula and large-scale developments in the Thu Thiem urban area (in An Khanh ward), linked to metro lines and major transport corridors.

Healthcare projects include general hospitals in Di An, Phuoc Thang, Binh Chau, and Long Hai.

Beyond the announced portfolio, the city also allows investors to propose new projects and land plots, with selection carried out under existing investment, land and planning regulations.

The expanded Ho Chi Minh City was formed in July 2025 following the merger of the former HCMC with Ba Ria-Vung Tau and Binh Duong provinces.

The city targets annual GRDP growth of 10-11% and per capita income of $14,000-15,000 by 2030. To achieve this, HCMC estimates it will require around VND1,200 trillion ($45.57 billion) in investment annually.