OVERVIEW
In 1989, the South of Ho Chi Minh City was massive swamp land, only accessible by boat from HCM City. Aside from marshes, all you can see is only mud, everyone who visited were in disbelief only Mr. Lawrence S.Ting persevered in his mission to turn this swampland into a prosperous and beautiful township, the most ideal community to live.
Our impetus to start our first 2 projects “Tan Thuan Export Processing Zone” (TTZ) and “Hiep Phuoc Power Plant Company” is because of the lack of foreign exchange, severe electric power shortage and especially job opportunities for people who are living or want to live in this area.
In 1999, TTZ became the best export processing zone in the Asia Pacific area and Hiep Phuoc Power Company supplies HCMC with suitable and quality electric nowaday, our manufactories have approximately 65.000 employees.
After 30 years, Phu My Hung become the most successful development project in rising Asia.
Five urban complexes developed by Phu My Hung Corp
The master planner, Skidmore, Owings & Merrill from U.S.A has planned and defined the development concepts for the entire 2.600 ha. There are total 21 functional areas around Nguyen Van Linh Parkway, five of which are developed by PMH Corp., as follows:
– The New City Center (Site A – 409ha)
– University Place (Site B – 95ha)
– High-Tech Center (Site C – 46ha)
– Merchandise Center I (Site D – 85ha)
– Merchandise Center II (Site E – 115ha)
THE NEW CITY CENTER – (SITE A, 409 hectares) - Phu My Hung Urban City
- The New City Center will be the heart of the entire urban development project. It is located at the major turn of Nguyen Van Linh Parkway and close to Tan Thuan Export Processing Zone and just about a 10-minute drive from the current downtown of Dist. 1 & 5. The New City Center encompasses 409 hectares of land, including 110 hectares reserved for community amenities including parks, schools, civic uses and support facilities. The New City Center will contain trade centers, offices, hotels, shopping malls, entertainment complexes, healthcare facilities, housing and tourist-oriented uses, all within walking distance to each other.
- The New City Center is organized into eight districts and a large river park. The development concepts are inspired from famous places like Singapore Bay, Canal District in the U.S.A, and the central business district in Hong Kong … Each district has its distinct character and identity that is attractive to tourists and enjoyable for its residents. They are:
- International Commercial & Financial District (C district)
- Crescent Promenade District (CR district)
- Canal District (CN district)
- Hillview District (H district)
- Southside District (S district)
- Midtown District (M district)
- Medical Campus (MD district)
- Recreational & Cultural District (R district)