The Ultimate Real Estate Duo: Unveiling the Masterplans for Two Mega Projects

Focus on Unraveling Bottlenecks

On August 4, Vice Chairman of Ho Chi Minh City People’s Committee, Bui Minh Thanh, chaired a meeting with departments, branches, and localities regarding land compensation and clearance for two key projects in the area.

These projects are the Ho Chi Minh City Belt Road 4 (from Thu Bien Bridge to Saigon River) and the first component of land clearance for the Hochiminh City – Thu Dau Mot – Chon Thanh Expressway, passing through the old Binh Duong province. These vital transportation projects affect 3,064 households across 16 wards and communes.

According to the Ho Chi Minh City Department of Agriculture and Environment, for the Hochiminh City – Thu Dau Mot – Chon Thanh Expressway, compensation plans have been approved for 480 out of 1,616 cases, totaling VND 1,665 billion. VND 1,000 billion out of VND 8,000 billion in compensation funds has been disbursed, and nearly 98 hectares of land, or 28% of the total required area, has been handed over.

For the Belt Road 4 project, compensation plans have been approved for 139 out of 1,449 cases, totaling nearly VND 672 billion. VND 690 billion out of VND 7,300 billion in compensation funds has been disbursed, achieving 9.5% of the assigned plan.

Mr. Nguyen Kien Phuc, Vice Chairman of Vinh Tan Ward, shared that 701 households in the ward are affected by these two projects. Most residents agree with the compensation plan, but ten households disagree due to compensation price discrepancies, even though they are located on the same route. Mr. Phuc explained that although they are on the same route, before the reorganization of the apparatus, this land belonged to two different localities, resulting in price differences.

Localities also pointed out other challenges, including delays in boundary handover, land measurement, and land price determination; the recent apparatus reorganization has also impacted the progress of compensation and clearance…

Ms. Nguyen Thi Bich Thuy, Vice Director of the Ho Chi Minh City Department of Agriculture and Environment, said that with the two-tier local government, it is proposed to transfer the compensation and land clearance tasks from the district-level People’s Committees to the commune-level People’s Committees. The commune-level People’s Committees will continue to perform the assigned tasks, including handling unfinished construction projects and works. For organizations that have signed land price appraisal contracts with district-level land management agencies but have not had their land price schemes approved, it is recommended to allow commune-level People’s Committees to continue the contracts and sign appendices with land price appraisal organizations after completing the assigned tasks, according to the corresponding ratio of work volume for each ward and commune…

Regarding land prices, Ms. Thuy affirmed that the old Binh Duong province had complied with regulations and issued compensation prices for agricultural land. Compared to Ho Chi Minh City, land prices in the old Binh Duong area are not lower, while the previously issued land price frame is still applied.

Accelerating Land Clearance Progress

Concluding the meeting, Vice Chairman of Ho Chi Minh City People’s Committee, Bui Minh Thanh, emphasized the significance of these two key transportation projects for regional connectivity and as a tribute to the Ho Chi Minh City Party Congress. He urged all levels, sectors, and localities to demonstrate greater determination and effort to expedite the progress of compensation and land clearance, which had lagged in the past two months. “By all means, before September 30, 2025, the tasks of resettlement arrangement and land clearance must be completed,” Mr. Bui Minh Thanh stated.

Mr. Bui Minh Thanh also instructed all levels, sectors, and localities to establish task forces with specific plans and clear responsibilities for leaders. By August 15, all procedures and paperwork must be completed so that compensation disbursement to the people can begin immediately afterward. This process must be safe, orderly, and conducted in each hamlet and ward.

To accelerate the progress of the two projects, the Vice Chairman requested that the task forces report their implementation results every Friday afternoon. The Department of Agriculture and Environment is responsible for coordinating with the Office of the Ho Chi Minh City People’s Committee to synthesize and report to the Ho Chi Minh City People’s Committee. Afterward, the conclusions of the Ho Chi Minh City People’s Committee’s leaders will be communicated to the relevant units for timely and effective implementation.

The Vice Chairman also suggested that the commune-level People’s Committees strengthen their dossiers to handle cases of deliberate delay in accordance with the law. Furthermore, localities should enhance communication and mobilization of the people and resolve their complaints reasonably and justifiably. The relevant localities, departments, and branches should review and calculate the construction and arrangement plan for resettlement areas, complete the land retrieval notice, measurement…