The 9700-square-meter tract on Dong Khoi street, home to the city’s most expensive boutiques, has interested 64 local and foreign investors so far, according to the municipal Department of Planning and Investment.
The city has zoned the area for trade centers, luxury hotels and offices.
Two other favorable lots – the Van Thanh market in Binh Thanh district and a triangle tract around Tran Hung Dao, Pham Ngu Lao and Nguyen Thai Hoc streets in district 1 – have appealed to 25 and 13 investors respectively.
Last month the department proposed a set of rules to the city administration calling for all projects in need of bids to be publicized.
There are 18 favorable locations in the city center in need of investment projects, according to local agencies.
The department has submitted zoning plans for these sites to the city administration.
Once the authority has nodded the draft and zoning, tenders would be called upon to find investors for the projects.
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