Three projects were inaugurated and eight others started construction. The largest is an urban redevelopment project covering the Ma Lang area and Ga-Gao Market, with an investment of more than 600 million USD.

Two component projects of Ho Chi Minh City’s Ring Road 4 are also among the major projects launched, with combined investment of more than 530 million USD.

The projects are expected to improve infrastructure, strengthen regional connectivity and expand development space, while supporting urban redevelopment, social welfare, environmental improvements, education and cultural development in Ho Chi Minh City.