Like Gangnam south of the Han River in Seoul and Pudong east of the Huangpu River in Shanghai, Thu Duc City is expected to become a new growth area for HCM City. Truong Hoa Binh, Deputy Prime Minister, has agreed on the establishment of Thu Duc City which will include districts 2, 9 and Thu Duc. Nearly 10 years ago, HCM City put forward the idea of setting up ‘a city within a city’, when proposing to create a policy for ‘four cities – East, West, South and North’. Each ‘city’ would have its own urban government and the governments would belong to the HCM City authority. The cities would be designed in a way to enjoy strong decentralization, with increased high autonomy and self-responsibility, so as to create independent and proactive development. Experts said Thu Duc has advantages compared with other administrative zones, especially well-invested transport infrastructure. They support the idea of developing a new city, saying that the ‘new city’ model has been used in other countries for a long time. Cities have always been seen as an effective engine of economic growth and innovation. Gangnam district in Seoul and Pudong in Shanghai are two examples. They were… Read full this story
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