Revival of the 880-Hectare Mega City Project in Hoc Mon with a $2.4 Billion Investment After 20 Years of Stagnation

After nearly two decades of stagnation due to land clearance issues, the Berjaya International University Urban Area project in Hoc Mon is poised for a revival, as the Prime Minister has mandated its completion within the next 10 years.

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The Ho Chi Minh City Department of Finance has issued a document to the City Press Center regarding the Berjaya International University Urban Area project in Xuan Thoi Son commune (formerly Tan Thoi Nhi commune, Hoc Mon district, Ho Chi Minh City).

The Berjaya International University Urban Area project was first granted an investment certificate on July 1, 2008, with Berjaya International University Urban Area Corporation (from Malaysia) as the investor.

However, since the initial investment certificate was issued, the project has remained stagnant due to land clearance issues. In 2022, the Ho Chi Minh City People’s Committee and the new investor began collaborating with relevant ministries to adjust the procedures.

Spanning 880 hectares (8.8 km², larger than District 1’s 7.7 km²), the Berjaya International University Urban Area project boasts a total investment of 56 trillion VND.

Addressing concerns about land wastage, the Department of Finance clarified that the Prime Minister has set a clear timeline: the project must complete all construction and become operational within 120 months (10 years) from the Prime Minister’s decision issued on January 13, 2025. The investor is currently adhering to this directive.

The Berjaya International University Urban Area project covers 880 hectares (8.8 km², surpassing District 1’s 7.7 km²) with a total investment of 56 trillion VND. Located near National Highway 22 (Asian Highway) and Dang Cong Binh Street (Thanh Nien Street), the project is entirely surrounded by a canal system: An Ha Canal to the Southeast, Ranh Long An Canal and Canal 8 to the West-Southwest, and Xang Canal to the North.

Satellite map outlining the project’s planned area.

According to the master plan, the Berjaya International University Urban Area will feature an educational system from primary to university levels, residential areas, commercial services, healthcare, sports, entertainment, parks, and an information technology park. The project was envisioned as a modern training hub for the Northwest region of Ho Chi Minh City, with an expected population of over 64,000.

Since early 2025, the project has seen new developments as the Ho Chi Minh City People’s Committee tasked the Department of Finance with coordinating inspections and monitoring progress. If the investor fails to meet commitments due to subjective reasons, the Department of Finance will advise the city to terminate the project and revoke the investment registration certificate.

Additionally, the Hoc Mon District People’s Committee has been instructed to direct the Compensation and Land Clearance Board to collaborate with the investor to expedite compensation processes in compliance with regulations. The Department of Finance is also guiding the investor in fulfilling project guarantees and compiling challenges to report to the City People’s Committee or submit to the Prime Minister if beyond their authority.

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