HCM City targets 95% of public investment disbursement

Ho Chi Minh City will accelerate construction progress of key projects and strive for public investment capital disbursement of 95% of the annual plan as part of key tasks set for the remaining months of the year by the municipal People’s Committee to boost socio-economic development.

The city will also work on the 2021-2030 city master plan, with a vision to 2050, after it is approved by the Prime Minister (expected in August 2024); complete the adjustment of the general master plan for HCM City to 2040, with a vision to 2060, and the master plan for Thu Duc city to 2040.

The Committee will develop guidelines for implementing the Land Law in 2024.

In the first six months of the year, the city posted a GRDP growth of 6.46% year-on-year.