Before HCM City’s Party Secretary Dinh La Thang settled a thought of branch HCM City into a special mercantile section like Shanghai, a city authorities asked for a executive government’s accede to build this indication 20 years ago.
At that time, HCM City was due as one of 3 places in Vietnam where a special mercantile section would be formed. Dr. Tran Du Lich, executive of a HCM City Institute of Development Studies during that time, was reserved to rise this project.
However, according to Lich, Chu Lai in a executive range of Quang Nam was comparison to commander this model, not HCM City. However, this indication was not as successful as this indication in other countries since of a miss of a clever mechanism.
In 2007, a Politburo authorised HCM City to investigate a indication of civic administration as experts argued that with a identical supervision resource like other provinces, HCM City could not rise strongly.
Under a civic administration project, HCM City will rise in a form of “urban complex” or “cities inside city”.
In further to 13 existent civic districts (districts of 1, 3, 4, 5, 6, 8, 10, 11, Binh Thanh, Phu Nhuan, Go Vap, Tan Binh, Tan Phu) and 3 suburban districts, HCM City will settle 4 new cities, including a East City comprising of a districts of 2, 9 and Thu Duc, with a Thu Thiem new civic area as a center.
The new city will have a primary duty of building high-end use attention and high-tech industries. The 3 other cities are: South City, North City and West City.
In late 2013, a HCM City People’s Council authorized a devise to exercise a civic supervision with a two-level form instead of a three-level form.
And many recently, according to a master devise on socio-economic growth of Ho Chi Minh City by 2020, prophesy to 2025 authorized by a Prime Minister, a internal supervision in 2014 educated a city’s operative organisation to build a intrigue to settle a special mercantile section of HCM City.
Former Chairman Le Hoang Quan emphasized this is a vital policy, generally critical for a destiny growth of a city. It is approaching to be a new indication contributing to a growth of complicated infrastructure and mercantile operations organisation with a seaport complement and ecotourism.
This devise will be submitted to applicable agencies in a city and to a executive supervision for approval.
The area where a special mercantile section cover is located in a south, including Districts7, Nha Be, Can Gio and partial of Binh Chanh Districts with a sum area of 890 km2, with a race of 685,270 people. This section is believed to be in line with a seaward growth strategy.
This area was comparison since it is located in a vital position in mercantile development, with critical implications for a graduation of a city’s purpose as a logistics center, formulating growth proclivity for a southeast region, a Mekong Delta and a whole country.
Moreover, this is a formidable area of a city where a misery rate is aloft than HCM City’s normal and a new land area is large.
The arrangement and growth of a special mercantile section in these districts is approaching to assistance emanate jobs and income for locals, to good use a land, contributing to cope with meridian change, rise tourism and charge of a Can Gio mangrove forests and ancestral and architectural sites in a area.
From this basis, a HCM City Institute of Development Studies finished a intrigue on investiture of a special mercantile section in HCM City and submitted it to a HCM City People’s Committee. From Oct to Dec 2015, a HCM City People’s Committee met with experts for 4 times to plead a investiture of a special mercantile zone.
The HCM City Institute of Development Studies pronounced that there were churned opinions on a need for arrangement of a special mercantile section in a city. However, a city needs a concrete breakthrough on a mechanisms; investiture of a special mercantile section might be a right apparatus to accommodate this requirement.
Regarding a appropriation for this project, HCM City can emanate internal supervision bonds, call for ODA, favoured credits, or attract collateral in a forms of BOT, BT, BTO and other forms prescribed by law.
However, a HCM City Institute of Development Studies also indicated risks, problems and hurdles in a construction of a special mercantile section in a city.
This is a low-lying area so investment cost will be enormous. The normal altitude of Hiep Phuoc – Nha Be is 0,4-1m with a lot of canals and ditches so it will be a plea to find adequate collateral as a state bill is limited.
The indication of special mercantile section will need a prolonged time (at slightest 10 years) to take effect, according to a HCM City Institute of Development Studies.
The hospital also designed special policies for a special mercantile zone, including taxation inducement policies, special executive policies and special supervision policy. However, a devise has not nonetheless been approved.
According to a HCM City People’s Committee, this indication is approaching to make a breakthrough in institutions, as good as motivate a growth of HCM City. However, a specific authorised horizon for this indication has nonetheless to shape, so to exercise this project, it requires a integrity and accord of a domestic complement in a city as good as a support from a executive government.
Speaking to a media as a Deputy Party Secretary of Ho Chi Minh City, Mr. Vo Van Thuong, who is now Head of a Central Committee of Public Relations and Information, pronounced that a investigate of a special mercantile section is not a process of a metropolitan Party Standing Committee.
Tran Anh Tuan, behaving executive of a HCM City Institute of Development Studies, also pronounced a special mercantile section devise is paused to wait a new policy.
HCM City Party Secretary Dinh La Thang pronounced it is not critical how we call it a special mercantile section or a civic government. It is critical to build a special resource to spin HCM City into a series one city in a region.
Roadmap for a devise to settle a special mercantile section in HCM City is approaching to bear 4 stages. The initial proviso (2014-2015) is building a outline, with a capitulation of a HCM City Party Committee, a HCM City People’s Council and a capitulation in element of a executive Government.
The second proviso (2016-2018) is to build a project, make large-scale and extensive surveys of a factors moulding a special mercantile zone, accommodate with investors during home and abroad, form a institutional framework, and find vital investors.
The third proviso (2018-2025) is to finish a institutional framework, figure a supervision apparatus, and deposit and rise infrastructure.
The fourth proviso (2025-2035) is in-depth investment, infrastructure execution and acknowledgment of a standing of a special mercantile zone.
Source: VietNamNet Bridge
Keywords: HCM City, Turn, A Special Mercantile Zone
