Binh Duong’s New City Master Plan, based on Japan’s World Renowned “Tokyu Model” Japan’s Tokyu Corp. and Becamex will develop a new city and transport infrastructure in Binh Duong. A key element of the “Tokyu Model”was the land readjustment was used to assemble land and to finance infrastructure for Tama Denen Toshi. A total of fifty-three cooperatives were formed between 1953 and 1966 that allowed the consolidation of more than 4,900 hectares of land. Most original land-holders were farmers who placed trust in the Tokyu Corporation’s ability to create high-quality communities because of the company’s track record as a successful builder of garden cities (when known as the Garden City, or Denen Toshi, Corporation). The cooperatives relinquished development rights and full control over project planning to the Tokyu Corporation. Among Japanese city planners, this unprecedented approach to new town development became as the “Tokyu Method,” which could help ease the frequent disputes about “resettlement” in Vietnam between property developers and the people on the land. Some leading Binh Duong Province Industrial Parks
VN Singapore Industrial Park http://www.vsip.com.vn
Becamex-Tokyu Joint Venture http://www.becamex-tokyu.com/en/
Note: We are updating our web-site and many of the links to pdf downloads on this page have not yet been moved and updated. The links to other web pages, however, do work. Please excuse the inconvenience as we update our site.
Many U.S. companies have visited Ho Chi Minh City and the Southern Key Economic Region (see above map) to consider FDI investment projects. There are eight jurisdictions in the SKER: HCM City, Binh Duong, Dong Nai, Ba Ria-Vung Tau, Long An, Tien Giang, Tay Ninh, and Binh Phuoc. The first five are the focus of most manufacturing foreign direct investment (FDI) in Vietnam.
Click the links to view online or to download a powerpoint presentation. The ports presentations, in particular, are very detailed and interesting.
Ho Chi Minh City 2011 • Video Tour Fast-paced overview of Ho Chi Minh City as of Dec 2011. Many changes have taken place in recent years: new airport terminal, deep-water ports, roads, bridges, tunnels, and several new high-rise buildings. The video is in Vietnamese, with English subtitles. Source: People’s Committee of Ho Chi Minh City. Used with permission.
Saigon Newport: Sea Ports in Vietnam (update 4 Apr 12). Most Vietnamese ports are in the Southern Key Economic Region, since that is where most manufacturing facilities and cargoes are, plus the newly-built deep-water ports at Cai Mep outside HCMC have water depths of 12 to 14 meters (pp 33~36) that accommodate vessels of up to 110,000DWT (= 10,000 TEU) that provide Trans-Pacific service to the U.S. West Coast with T/S time = 15~16 days. The ports in the Northern Key Economic Region have shallower water depths, only about 6 to 8 meters, that accommodate vessels of up to 10,000 DWT or 15,000 DWT (pp 49-54) only, so they are “feeder terminals.” Saigon New Port (SNP) also offers feeder barge service for the Mekong Delta and Cambodia via Mekong River ports (pp 58~61). Software used for terminal operations (TOPX=Terminal Operations Package System) is integrated with e-customs, e-manifest, e-banking, and e-port (pp 66-67 and http://www.saigonnewport.com.vn/tcis.aspx).
Deep Water Ports and the Supporting Logistics Network in the Southern Key Economic Region Saigon Cai Mep New Port (Tan Cang Cai Mep) – Deep Water Ports (direct sailing to USA). Phase I of the Tan Cang Cai Mep (Cai Mep New Container Port) opened in June 2009, with a vessel capacity of 90,000-DWT (8,000-TEUs), and 600,000 TEUs/year When Phase II opens in January 2011, there will be a vessel capacity of 110,000-DWT (9,000-TEUs) and 1,200,000 TEUs/year.
Cai Mep Deepwater Ports: Vietnam’s Trans-Shipment Hub for ASEAN, Nov 23, 2010
Ports & Related Infrastructure, Saigon New Port Corp., Oct 27, 2009
Mitsui OSK New Port Trend and Outlook, Aug 20, 2009
Saigon New Port Company: Ports Overview, Aug 20, 2009
Port Tour Cai Mep New Container Port, Aug 20, 2009
Vietnam Trade Growth Tests Infrastructure to Limits, Significant New Investment Needed, Jan 25, 2007
Post-WTO Challenges – Ports and Related Infrastructure, Sep 6, 2006
Presentation: Ports and Related Infrastructure in Vietnam – Challenges, Sep 6, 2006
Industrial Parks in the Southern Key Economic Region
Industrial Real Estate Overview, Jul-Sep 2008, CBRE Vietnam (HCMC). A powerpoint presentation with maps outlining the key economic regions in Vietnam and the industrial real estate options there. (Southern Key Economic Region, Central Key Economic Region, and Northern Key Economic Region).
Industrial Parks in Vietnam, Jun 17, 2010 CBRE Vietnam (HCMC). Powerpoint presentation focused on the Ho Chi Minh City and the Southern Key Economic Region, with key infrastructure, development trends, industrial parks, and recent newly developed industrial parks. Images on this page are from pg 29 and pg 34 of the presentation.
Vietnam Industrial Real Estate Trends and Activities, May 2011 A summary “snapshop” of recent MNC corporate investment in industrial and logistics facilities, provided by CBRE Industrial & Logistics Vietnam.
Vietnam Industrial Real Estate Today and Tomorrow, Sep 2011 Update of recent industrial real estate trends, provided by CBRE Industrial & Logistics Vietnam.
|Southern Key Economic Region: Investment & Trade Opportunities|
|Overview of the Southern Key Economic Region|
|Binh Duong BECAMEX|
|SHTP Saigon Hi-Tech Park|
|Long Hau Corporation|
Ho Chi Minh City and SKER Infrastructure Development Plan to 2020
Some updates (3 Sep 12), …
Phu My Bridge, Feb 2007 – Dec 2009 Text and YouTube video. Spanning the Saigon River between Districts 7 and 2, it’s part of a new ring road around Ho Chi Minh City, and will be an important transport link from the southern Mekong delta region. The Phu My Bridge contract included the design and construction of a 705m long cable stayed main bridge with a clear span of 380m, as well as the approach structures on either side being approximately 758m on District 7 and 638m on District 2. The bridge incorporates three lanes of traffic in each direction, two car and truck lanes and a separated motorcycle lane. Footways are also provided for pedestrians. The main span deck is 27m wide. 45m vertical clearance to river traffic is provided in a 200m wide zone.
HCM City • Long Thanh • Dau Giay Expressway: to Long Thanh Internat’l Airport The HLD Expressway Project comprises construction of about 51 kilometers of four-lane, tolled expressway. The expressway will will commence at the junction of the Second Ring Road in District 9, Ho Chi Minh City (HCMC), and end at a junction with National Highway 1 at Dau Giay, Dong Nai Province. It will provide a direct connection from the center of hCMC to economic growth areas in provinces to the north of HCMC along National Highway 1, which connects HCMC to Hanoi. The expressway will be a toll road, with access initially restricted to three locations: the intersection with the Second Ring Road, the intersection with National Highway 51 at the southern end of Long Thanh town (near the to-be-constructed Long Thanh International Airport), and at Dau Giay. The project includes construction of a major new 1,700-meter bridge over the Dong Nai River at Long Thanh and two rest and service areas. It will be co-financed by the Asian Development Bank (ADB) and the Japan Bank for International Cooperation (JBIC).
HCM City Metro System Project Underway: Line #1 (Blue) and Line #2 (Red) Metro Line #1 (Blue) is from Ben Thanh Market to Suoi Tien Amusement Park, about 19.7 kilometers, with a 2.6-km underground section and a 17.1-km overhead section, with three underground stations and 11 elevated stations. The project is planned for completion in 2017 and starting operation in 2018. Originally estimated to cost $ 1.09 billion, the estimate is now $ 2.07 billion because of adjustments and exchange rate fluctuations. Metro Line #2 (Red), stretching nearly 20 kilometers, will connect Thu Thiem New Urban Area in District 2 and An Suong Coach Station in District 12. During the first phase, the city will develop the 11-km section running from Ben Thanh Market in downtown HCMC to Tham Luong Depot in District 12, including a 9.3-km underground part. The estimated project cost is US$1.37 billion. The total cost of the HCM City Metro System is $ 7.5 billion, completion is expected by 2020, with 84 percent of the funds expected to come from overseas lenders.
Binh Duong’s New City Master Plan, based on Japan’s World Renowned “Tokyu Model” Japan’s Tokyu Corp. and Becamex will develop a new city and transport infrastructure in Binh Duong. A key element of the “Tokyu Model”was the land readjustment was used to assemble land and to finance infrastructure for Tama Denen Toshi. A total of fifty-three cooperatives were formed between 1953 and 1966 that allowed the consolidation of more than 4,900 hectares of land. Most original land-holders were farmers who placed trust in the Tokyu Corporation’s ability to create high-quality communities because of the company’s track record as a successful builder of garden cities (when known as the Garden City, or Denen Toshi, Corporation). The cooperatives relinquished development rights and full control over project planning to the Tokyu Corporation. Among Japanese city planners, this unprecedented approach to new town development became as the “Tokyu Method,” which could help ease the frequent disputes about “resettlement” in Vietnam between property developers and the people on the land.
Ho Chi Minh City Industrial Parks
HEPZA – HCM City Export Processing/IZ Authority http://www.hepza.gov.vn
SHTP – Saigon Hi-Tech Park http://www.shtp.hochiminhcity.gov.vn
Saigon South and Tan Tuan Export Processing Zone http://www.saigonsouth.com/
Dong Nai Province Industrial Parks
Dong Nai Industrial Zone Authority http://www.diza.vn/en/home.php
Amata Industrial Park and Commercial Center http://www.amata.com
Binh Duong Province Industrial Parks
VN Singapore Industrial Park http://www.vsip.com.vn
Long Thanh International Airport
Implementation of the plan has been delayed.
… about the Long Thanh International Airport in Dong Nai Province, 50 km northeast of Ho Chi Minh City, and 70 km west of the off-shore petroleum base city of Vung Tau. When completed, Long Thanh International airport will handle 80 to 100 million passengers and 5 million metric tonnes of cargo per year. The total invested capital of this project is estimated US$ 8 billion.
… about the Tan Son Nhat International Airport in Ho Chi Minh City. In 2005, this airport served approximately 7 million passengers (of the total 14 million passengers in Vietnam’s airports). Tan Son Nhat Airport has recently accounted for nearly two thirds of the international arrivals and departures in all of Vietnam’s airports. A US$ 200 million international terminal, funded by Japanese Government Official Development Assistance (ODA) and under construction in 2006-2007, will cover 100,000 square meters, with eight airbridges and state-of-art equipment with a capacity of 8 to 10 million international passengers per annum.
Prime Minister’s Decision on Major Orientations for Socio-Economic Development of the Southern Key Economic Region till 2010, with a Vision to 2020, Decision No. 146/2004/QD-TTg, August 13, 2004.
Posted: Oct 15, 2007 Updated: Sep 3, 2012, Sep 14, 2013