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More Than $1 Billion Flows into the North of Ring Road 4 – Is a New Growth Hub Taking Shape?
Post Date : Tuesday, May 26, 2026
Ho Chi Minh City Calls for Investment in a $1.1 Billion Urban Area North of Ring Road 4
The People's Committee of Tay Nam Ward, Ho Chi Minh City, has announced an investment call for the Urban Area North of Ring Road 4, with a total estimated investment of more than VND 29.647 trillion (approximately USD 1.1 billion).
The project is located in Tay Nam Ward, an administrative unit formed from the former An Tay Ward of Ben Cat City and parts of An Lap and Thanh Tuyen communes in the former Dau Tieng District of Binh Duong Province. Tay Nam Ward is currently the largest ward in Ho Chi Minh City, covering approximately 120 square kilometers and offering substantial land resources for future development.
The urban area will cover approximately 280 hectares, including more than 272 hectares designated for urban development and around 8.7 hectares of water surface. According to the development plan, the area will become a modern urban township with synchronized technical and social infrastructure, aiming to optimize land use, stimulate local economic growth, and strengthen connectivity in the northern region of Ho Chi Minh City.
The project is expected to include residential zones, mixed-use developments, and a range of commercial and service facilities such as offices, retail spaces, accommodation, and tourism-related properties available for sale, lease, or lease-purchase. It will also feature educational facilities, urban green spaces, neighborhood parks, buffer green belts, and a comprehensive infrastructure system.
Previously, the Urban Area North of Ring Road 4 project received investment policy approval from the former Binh Duong Provincial People's Committee in June 2025.
Real Estate Market in Ben Cat Area, Ho Chi Minh City. Photo: Thanh Tung
The planned urban development will include residential neighborhoods, mixed-use buildings, and a range of commercial and service facilities such as offices, accommodation, tourism-related services, and retail spaces. The project will also feature educational facilities, technical infrastructure, parks, urban green spaces, and buffer green belts.
According to the development plan, the project will have an operational term of 50 years from the date the investor receives approval, with a maximum implementation period of 12 years.
Tay Nam Ward was established through the merger of the former An Tay Ward in Ben Cat City and parts of An Lap and Thanh Tuyen communes in the former Dau Tieng District of Binh Duong Province. Covering approximately 120 square kilometers, it is currently the largest ward in Ho Chi Minh City and possesses significant land resources with substantial potential for urban, industrial, and logistics development.
The area is also attracting a number of large-scale projects. Among the most notable is the An Tay Mega Development Cluster launched by Sun Group at the end of last year, consisting of North An Tay Urban Area, East An Tay Urban Area, West An Tay Urban Area, and An Tay General Port.
The integrated development covers approximately 724 hectares and has a total investment value of more than VND 51.16 trillion. Stretching across Tay Nam Ward and Phu An Ward, the project is expected to become a major growth driver for the northwestern gateway of Ho Chi Minh City.
