The $5.6 Billion Transformation: Four Ports and Ten Urban Developments Along Ben Cat’s Perimeter

On July 02, the People's Committee of Binh Duong province approved the development of an urban area along the Belt Road 4 - Zone No. 1, in Ben Cat city. By 2040, this area will boast four ports and ten urban areas, with a total investment of nearly VND 133,728 billion.

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The urban development area along Belt Road 4 – Area 1 has an area of ​​approximately 2,702ha, including part of An Tay Ward, An Dien Ward, and Phu An Commune. It borders Thanh Tuyen Commune, Dau Tieng District to the north; Saigon River, Cu Chi District, Ho Chi Minh City to the south and west; and DH609 Road, DT744 Road, DT748 Road, and Thi Tinh River, Thoi Hoa Ward, Ben Cat City to the east.

The main characteristics and functions of the area are an urban port – logistics – service center; a vital transportation hub for the province, and a gateway connecting to Ho Chi Minh City via the Belt Road 4 transportation route. The expected completion time frame is by the year 2040.

Source: People’s Committee of Binh Duong Province

The preliminary total investment capital for the urban development area along Belt Road 4 – Area 1, Ben Cat City, Binh Duong Province, for the 3 project groups is VND 133,728 billion for 4 ports and 10 urban areas.

Specifically, for the technical infrastructure development project, a portion of the Belt Road 4 project within Area 1 is determined to be included in the total investment capital of the Belt Road 4 project. The projects for developing technical infrastructure within the urban development area boundaries are included in the total investment capital of the urban development projects.

The social infrastructure development project has a total expected investment capital of about VND 3,400 billion, including 4 ports with an area of 118.6ha. Among them, An Tay Ward will have 3 ports: An Tay Port (with an area of 100ha and an investment capital of VND 2,300 billion, to be constructed from 2025-2030); Rach Bap Port (8.51ha), with an investment capital of VND 400 billion, to be implemented from 2027-2040; and An Dien Port (7.5ha) with an investment capital of VND 400 billion, to be realized from 2027-2040.

There will also be an inland port, Cai Lang, with an area of nearly 2.6ha, located in Phu An Commune, with an investment capital of VND 300 billion, to be built from 2027-2040. An Tay Port will be given priority in construction.

Source: People’s Committee of Binh Duong Province

For the urban development project, the total investment capital is nearly VND 130,328 billion, including 10 urban areas with a total area of ​​about 2,507.8ha. Three urban areas will be given priority for construction in the period from 2025 – 2037: Bac An Tay Urban Area (70ha), with an investment capital of VND 8,237 billion; Tay An Tay Urban Area (268ha) with an investment capital of VND 12,194 billion; and Dong An Tay Urban Area (289ha) with an investment capital of nearly VND 13,150 billion.

Source: People’s Committee of Binh Duong Province

All 4 ports and 10 urban areas will be put up for bidding to select investors. Binh Duong Province has stated that the investment resources for urban development are proposed to come from state budget capital, socialization, bonds; capital from investors mobilized to invest in urban development projects; and other legal capital sources.

The People’s Committee of Binh Duong Province has assigned the People’s Committee of Ben Cat City to perform the functions of the Management Board of the urban development area.

Auctioning 75 land plots with a total area of 21,760 ha.

On June 27, the People’s Committee of Binh Duong Province held a meeting to discuss the draft project on land fund exploitation to generate revenue for socio-economic development in the province for the period of 2024-2025 and orientation towards 2030.

According to the proposal, the project aims to establish a land fund from 5 sources (land retrieved and handed over to the land development fund management; land used as offices and operating bases for state agencies and public non-business units; land managed by the locality; land of state-owned enterprises undergoing equitization, management, and rearrangement to be retrieved; and land of individuals and organizations that is expected to be retrieved according to the land use plan and the planning of urban, industrial, commercial, service, and logistics areas…).

The total land fund comprises 117 land plots with a total area of 22,202 ha. Among them, 42 land plots with a total area of 442.3 ha will be put up for auction (for land use rights and public assets). In 2024, 11 land plots with a total area of 12.3 ha will be auctioned; in 2025, 20 land plots with a total area of 377.8 ha will be auctioned; and in the period of 2026-2030, 11 land plots with a total area of 52.2 ha will be auctioned.

Additionally, Binh Duong plans to conduct bidding to select investors for 75 land plots, including 75 new urban areas (combined with TOD points) and urban development areas, with a total area of 21,760 ha. The People’s Committees of the districts, in coordination with the Department of Planning and Investment, will carry out procedures and organize bidding to select investors for 4 land plots with a total area of 1,764.5 ha in 2024; 18 land plots with a total area of 2,702.8 ha in 2025; and 53 land plots with a total area of 17,292.5 ha in the period of 2026-2030.

Thanh Tu

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