The project located at 30 Tran Hung Dao Street in District 1’s Pham Ngu Lao Ward will be implemented under the build-operate-transfer (BOT) format.
The 820-square-meter complex will include a 326-seat drama theater and three cinemas with a total of 378 seats. The project aims to preserve and promote the cultural values of the country.
Additionally, the municipal People’s Committee of Ho Chi Minh City has also approved a project of another multi-functional art and cultural complex for children at a total cost of VND164 billion (US$6.6 million). The project placed at 651 Tran Hung Dao Street in District 5 will be implemented under the build-operate-transfer (BOT) format.
The local government has asked the Department of Planning and Investment and the Department of Culture and Sport to boost the construction process of Phan Dinh Phung Sport Center and a 50,000-seat stadium at Rach Chiec National Sports Complex in District 2’s An Phu Ward.