HCM City plans to build modern sports centre in District 3
Ho Chi Minh City is planning to build a sports centre in District 3 with a total investment of over 1.95 trillion VND (85 million USD), with the aim to improve the wellbeing of locals.
HCM City (VNA) – Ho Chi Minh City is planning to build a sports centrein District 3 with a total investment of over 1.95 trillion VND (85 millionUSD), with the aim to improve the wellbeing of locals.
Recently, the municipal People’s Committee sent a dispatchasking for the Prime Minister’s approval of using several lots of land to payfor a Build-Transfer (BT) contract of the project.
With seven floors and three basements, the Phan Dinh Phungsports centre, once completed, is expected to meet local demands for trainingand competition spaces.
It will also serve as a venue for the city to host nationaland Southeast Asian competitions.
At the beginning of the year, the city decided on theCompensation and Clearance Corporation and Phat Dat Real Estate DevelopmentCorporation as the investors of the project.
To date, the city has completed negotiations on the BTcontract and signed an agreement with the investors. -VNA
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Illustrative image (Source: VNA) 
