The HCM City's new master plan sets out to develop the city into the nation’s largest economic hub for tourism, industrial services and high-tech agriculture by 2040, with a focus on climate change adaptation.— Photo plo.vn

 HCM CITY — The People’s Committee of HCM City has issued a decision granting approval for an outline of missions and total cost estimate to adjust plans to revitalise the southern hub over the next two decades and beyond.

The master plan sets out to develop the city into the nation’s largest economic hub for tourism, industrial services and high-tech agriculture by 2040, with a focus on climate change adaptation.

The 2,095sq.km administrative boundary of HCM City and Cần Giờ marine area features in the plan.

According to a Government decision, the city is expected to have 13-14 million people by 2040 and 16 million by 2060. It plans to allocate 100,000-110,000ha of land for urbanisation by 2040.

The city will remain the country’s economic and technological hub, focusing on innovation as part of the national urban development strategy.

Under the master plan, the city will develop a complete infrastructure linking the city with neighbouring provinces. The newly established Thủ Đức City will be developed into an innovative city model that will support the development of HCM City and the southern region.

Urban development will be integrated with transit-oriented development (TOD), including underground-based public transport.

The master plan requires the effective use of the city’s natural conditions and ecosystems to protect the environment and adapt to climate change.

The city's plan adjustment aims to meet development requirements, create conditions to solve the problems of population, housing, infrastructure, traffic, environment, climate change and national defence. — VNS