05/11/2017 11:50 GMT+7 Email Print Like 0

Bien Hoa city needs 1.6 billion USD for renewal

Dong Nai, November 4 (VNA) – Bien Hoa city in the southern province of Dong Nai needs over 36 trillion VND (over 1.6 billion USD) to implement urban renovation and renewal projects between 2016 and 2030. 

Under a resolution issued at a meeting of the municipal People’s Committee on November 2, the city’s authorities will invest in urgent urban development projects between 2017 and 2020 to turn Bien Hoa into a first-grade urban area under Dong Nai province. 

This would help make it an economic hub of the southern key economic region that also includes Ho Chi Minh City. 

In the 2017 – 2030 period, with a vision to 2050, Bien Hoa will use its resources toward engineering infrastructure with the aim of becoming an industrial, cultural, commercial and service centre. 

Although Bien Hoa was recognised as a first-grade urban area, it has not reached a number of criteria, according to participants at the meeting. 

Bien Hoa authorities were urged to develop policies to attract resources and investors, implement major infrastructure works, and create an urban landscape as required under a grade-I urban area. 

The major works that would change the face of Bien Hoa include the construction and upgrading of roads running along the Dong Nai and Cai rivers. Meanwhile, construction of other major roads in the city will be speeded up. 

The municipal authorities have asked the People’s Committee of Dong Nai province for construction of a 5.5-km road running along the Dong Nai River, and the building will start soon after the project is approved by provincial authorities. The city is also preparing for a project to build a 4.5km road along the Cai River. 

Its authorities have mapped out a plan for construction of a city administrative office on a 11,200-sq.m area in the city’s Thong Nhat Ward. 

A total of 300 billion VND (11.2 million USD) will be spent on the nine-story building under the public – private – partnership investment form, according to city authorities.
VNA/VNP