Thuy Van Park exploitation rights to be auctioned for 1,100 billion VND

The Ho Chi Minh City People's Committee has approved a plan to lease the exploitation rights for Thuy Van Park through a public auction. The total investment value for the project is estimated at approximately 1,100 billion VND.

The lease agreement will span a 10-year term. The winning bidder will gain rights to exploit various assets within the 20.7-hectare park, including 6,900 square meters of sand, 25,000 square meters of waterfront, six public service stations, two parking lots, and ten stations for bicycle and motorbike rentals. Additionally, the plan includes the exploitation of parts of the Tam Thang Tower Square and a culinary area for commercial cultural and social events, alongside 60 service kiosks for food, souvenirs, and tourism supplies.

Beyond commercial exploitation, the successful bidder is responsible for the comprehensive management, maintenance, and upkeep of the park's greenery, open spaces, and infrastructure. They must also ensure hygiene, security, and rescue services for the beach and water areas. The Ho Chi Minh City Traffic and Technical Infrastructure Management Center will lead the auction process and is held legally responsible for the accuracy of the asset inventory and financial proposals.