Thủ Thiêm New Urban Area

Before its clearance for redevelopment, Thủ Thiêm was one of the most densely settled areas of Ho Chi Minh City and included a central market established in 1751.

[3][4] Beginning in 2002 and continuing for almost a decade, between 14,000 and 15,000 households were removed from the development site and resettled.

[6] In 2003, Sasaki Associates won an international design competition to plan the site.

[6] The project is being carried out in stages, and is scheduled to be completed in 15 years, depending on the investment capital.

Priority is given to the infrastructure investors with favorable assistance for the city government as well as preferential taxation.