Property giant Sun Group eyes major infrastructure projects in Ho Chi Minh City

In a recent proposal to the municipal administration, the group expressed its intention to expedite some build–transfer infrastructure contracts under the public–private partnership model.

It plans to build a riverfront road of approximately 40 kilometers with eight to ten lanes alongside the Saigon River and to develop a metro or tramway line following the river through the former Cu Chi District.

The group also proposes two major investments in the former Thu Duc City area: the Rach Chiec National Sports Complex, covering around 187 hectares, and the National Cultural and Historical Park, spanning approximately 395 hectares.

It plans the 147-hectare Truong Tho Urban Area alongside the Hanoi Highway, conveniently located near metro line No. 1 which connects Ben Thanh Station in downtown with Suoi Tien Theme Park in Thu Duc.

Sun Group noted that it recently collaborated with consulting firms to conduct field surveys and prepare preliminary plans.

The group expressed hope that Ho Chi Minh City would support its efforts by introducing more potential locations for further research and assessment.

It is committed to executing the proposed projects promptly and efficiently, thereby contributing to the city's socio-economic growth.

After reviewing the proposal, the municipal People’s Committee has tasked the Department of Finance with examining the proposal within its authority and reporting to the administration in due course.

Founded in 2007 as a domestic developer in tourism, hospitality, entertainment, and infrastructure investment, Sun Group has delivered multiple key projects nationwide, including Hoa Xuan Ecological Urban Area in Da Nang City, Sun Mega City in Ha Nam (now part of Ninh Binh Province), and Hiep Hoa Urban Area in Dong Nai Province.