A major infrastructure company plans a project worth over 486 trillion VND to ‘rescue’ traffic congestion at the eastern gateway of the most populous city in the country

CII, the Ho Chi Minh City Technical Infrastructure Investment Company, has proposed to the Ho Chi Minh City People’s Committee to approve a project to construct infrastructure and develop the urban area in a TOD (Transit-Oriented Development) model at the Hang Xanh intersection to alleviate traffic congestion. The preliminary total investment cost of the project is approximately 486.6 trillion VND (over 18.5 billion USD), with about 190 trillion VND allocated for traffic infrastructure investments. The project aims to improve traffic conditions and redesign the urban area to optimize land use with around 7.3 million square meters of building area. This is a large-scale project expected to affect over 4,000 households. CII has collaborated with Arup, a consulting firm known for its TOD projects in major Chinese cities, to implement this successful model. To enhance competitiveness in bidding, CII established a subsidiary company. The merger of Ho Chi Minh City with Ba Ria – Vung Tau and Binh Duong increased the city’s population to about 14 million, placing greater pressure on the transportation system.