A district in Ho Chi Minh City plans to relocate nearly 15,000 households to renovate canals
HCMC - District 8 plans to relocate nearly 15,000 households to implement the urban renovation project, renovating housing areas on and along canals and ditches.
On the morning of April 15, Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc and the working delegation directly surveyed the area of the Doi Canal bank, Xom Coi Canal and the land plots planned to build resettlement housing for the urban renovation project, the housing area on the canals, canals in District 8.
The Chairman of the Ho Chi Minh City People's Committee affirmed that this is a project of special significance, not only contributing to beautifying the urban environment but also rearranging housing for people living on and along canals in a more decent, safe and stable direction.
According to Mr. Nguyen Van Duoc, District 8 is also considered a pilot locality for mechanisms and policies for Ho Chi Minh City to gradually implement a project to relocate all houses on and along rivers, canals and ditches throughout the city.
According to Chairman of District 8 People's Committee Vo Thanh Kha, the urban renovation project in the area needs to relocate 14,950 households.
Of which, 9,440 houses were built on land along canals, 3,473 houses were partially located on canals, 1,589 houses were completely located on water surfaces and 448 apartments were in the old Pham The Hien apartment building.
Key areas within the project scope include: the southern bank of Doi Canal; the east and west banks of Xom Coi Canal; Du Canal; Ong Nho Canal from Ong Lon Canal to Xang Canal Bridge; Pham The Hien Apartment Area.
In addition, some other areas will also be relocated in the canal protection corridor even though they are not subject to renovation and expansion.
The total estimated cost of the project is more than 105,179 billion VND. Of which, about VND 70,100 billion will be spent on compensation, support and resettlement, corresponding to a land area of 124.49 hectares.
District 8 will prepare 11,471 apartments for resettlement, including 9,581 apartments invested with budget capital and 1,890 apartments invested by non-budget investors.
The city plans to implement 2 social housing projects and 7 resettlement housing projects, with a total investment of nearly 14,700 billion VND.
The project also plans to invest nearly VND 2,000 billion to upgrade and expand existing routes, especially the bridges on Pham The Hien Street and Bong Sao Street.
More than VND 8,165 billion will be used to build a traffic system along canals and ditches and build embankments after the relocation is completed.
In addition, 6 park and green area projects with a total investment of about 187 billion VND will also be implemented, contributing to creating a landscape and community living space for people after resettlement.
In addition to the state budget, District 8 is also making efforts to attract non-budgetary investment in housing and transportation projects.
At the same time, 4 public land plots will be auctioned with the expectation of earning about VND6,000 billion. In particular, the revenue from auctioning of land after relocation is estimated at VND 77,500 billion, an important addition to the budget for project implementation.
Currently, wards in District 8 are urgently completing detailed projects for each area, based on the general urban renovation project approved by the Standing Committee of the City Party Committee and the People's Committee of Ho Chi Minh City.
Currently, Ho Chi Minh City still has about 398 projects related to rivers, canals, and ditches that have not been implemented in 16 districts, towns, and Thu Duc City, with a total of nearly 40,000 houses needing to be relocated.
In order to completely resolve this situation, the city has developed a project to relocate all houses on and along rivers, canals, and ditches, with a goal of basically completing before 2030.
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