On January 15, 2026, Ho Chi Minh City simultaneously broke ground on four large-scale infrastructure projects with a total investment of nearly VND 240 trillion, including Phu My 2 Bridge, Can Gio Bridge, Metro Line No.2 (Ben Thanh – Tham Luong), and the Rach Chiec National Sports Complex.
This marks the city’s largest infrastructure launch in many years, signaling a decisive shift toward accelerating urban connectivity. It is expanding development corridors toward the East, Southeast, and Northwest, and laying a critical foundation for long-term economic and real estate growth.
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The Rach Chiec National Sports Complex is the largest project among the four, with total investment capital of nearly VND 146 trillion and a planned area of more than 186 hectares. The project’s centerpiece is a 70,000-seat stadium equipped with a roof and modern climate control systems, positioning it among the most advanced sports venues in Southeast Asia.
On an international level, Rach Chiec Stadium boasts a scale and technology far superior to other covered stadiums in the region, such as Kai Tak Stadium (Hong Kong) with 50,000 seats or Singapore’s National Stadium with 55,000 seats. Compared to open-air stadiums, this structure also approaches global icons like Wembley Stadium (London) with 90,000 seats – the “holy ground” of English football, or the “Bird’s Nest” Stadium (Beijing) – approximately 80,000 seats.
From an urban development perspective, this project goes beyond sports infrastructure. Large-scale complexes of this nature often function as new urban anchors, stimulating surrounding mixed-use developments, residential clusters, hospitality services, and commercial zones. For investors, Rach Chiec represents a long-term catalyst that may gradually elevate land values and reshape the development profile of eastern Ho Chi Minh City.
Construction began on the morning of January 15th, Metro Line No.2 (Ben Thanh – Tham Luong), with an investment of over VND 55 trillion, marks a critical step in Ho Chi Minh infrastructure modernization. Stretching approximately 11.3 km, mostly underground, the line connects the historic city center with the northwestern districts, an area that has long suffered from congestion and limited public transport options.
The metro line will significantly reduce traffic pressure while enhancing accessibility across key urban zones. More importantly, it integrates seamlessly with existing and future metro lines, forming a comprehensive mass transit network. Historically, mass transit expansion has been a strong driver for transit-oriented development, creating new residential and commercial hotspots along metro corridors.
In addition, this metro line will seamlessly connect with metro lines 1, 4, Ben Thanh – Thu Thiem, and Ben Thanh – Can Gio at the Ben Thanh central station, as well as metro lines 5 and 6 in the future; and will also connect with the Thu Thiem – Long Thanh metro line to form an urban railway corridor.
Also on the morning of January 15th, the Ho Chi Minh City People’s Committee officially held the groundbreaking ceremony for the Can Gio Bridge. The Can Gio Bridge project, with a total investment of more than VND 13 trillion, replaces the existing Binh Khanh ferry and establishes a direct road connection between Nha Be and Can Gio districts.
Masterise Group is the investor in the Can Gio Bridge project under a public-private partnership (PPP) model, specifically a BT (build-transfer) contract. Scheduled for construction between 2026 and 2029, the bridge is expected to fundamentally change accessibility to Ho Chi Minh City’s southern coastal areas.
Strategically, this project unlocks new development potential for eco-tourism, coastal urban areas, and marine-based economic activities. For investors, the Can Gio Bridge represents a long-term infrastructure bet, where early-stage developments may benefit from improved connectivity while aligning with sustainability and environmental preservation priorities.
The Phu My 2 Bridge, the fourth among several projects in Ho Chi Minh City to commence construction on January 15, has a total investment of approximately VND 23,185 billion and follows the public–private partnership (PPP) model. It is approximately 6.3 km long, including the bridge and approach roads, with the section through Ho Chi Minh City being about 4.6 km long and the section through Dong Nai province being 1.7 km long.
The project will be developed with 8 lanes, including 6 lanes for cars and 2 mixed-use lanes; the approach roads at both ends of the bridge will also be built synchronously with a minimum of 8 lanes, ensuring complete technical infrastructure. New bridge is also expected to be implemented and completed in the period 2026 – 2029.
From a broader perspective, this project reinforces Ho Chi Minh City’s role as the central hub of the Southern Key Economic Region. Improved regional mobility is a fundamental factor for industrial expansion, workforce movement, and long-term real estate demand across satellite urban zones.
Ho Chi Minh City’s infrastructure development now extends beyond addressing traffic bottlenecks. Instead, it increasingly anchors a new market cycle that emphasizes regional integration, multi-center urban expansion, and sustainable growth.
As Ho Chi Minh City moves toward becoming a mega-urban region with a population exceeding 14 million, infrastructure must lead development rather than follow it. The coordinated launch of these four projects reflects a clear policy direction: using infrastructure investment to unlock new growth corridors, attract private capital, and enhance the city’s competitiveness within Southeast Asia.
For investors, the acceleration of Ho Chi Minh infrastructure development presents both opportunities and strategic considerations. Rather than focusing solely on short-term price movements, investors should assess how these projects reshape urban structure, connectivity patterns, and land-use dynamics over the next decade.
Monitoring areas influenced by metro expansion, regional bridges, and new urban anchors will be critical. Long-term success will likely favor investors who align with infrastructure-led growth, prioritize accessibility and planning consistency – especially CBD, Thu Thiem New Urban, Can Gio area, etc – and adopt a patient investment horizon in Vietnam’s most dynamic urban market.
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