In this proposal, construction costs remain the same at 295 billion VND, while compensation and land clearance costs increase by 660 billion VND to reach 1,780 billion VND. The project's management is transferred from the Management Board of Construction Investment Projects in District 2 to the Management Board of Investment Projects in the Construction Area of Thu Duc City.
Explaining the reason for the increased capital, UBND TPHCM stated that the increase in compensation and land clearance costs is due to the prolonged process of compensation, support, and resettlement, leading to changes in the land price adjustment coefficient for compensation calculation. The total project capital increase also stems from the addition of 2 supplementary locations.
