On the morning of October 19, 2016 at the Office of Construction Corporation No. 1 held a Memorandum of Understanding signing ceremony between Sing Viet Urban Co., Ltd and Construction Corporation No. 1  cooperation in investment and construction of Sing Viet urban area project - Phase 1.

According to the design, the Sing Viet urban area project with a scale of 300 hectares has been approved under the investment license No. 2145/GP of the Ministry of Planning and Investment issued on December 6, 1999 and approved by the People's Committee of Ho Chi Minh City. 6th adjustment under license number 411043001956 dated October 27, 2014. Sing Viet urban area project is a complex urban area including residence, commerce, tourism, sports and public facilities, ensuring good service for the living population, contributing to changing the landscape. architecture and urban traffic solutions…

Phase 1 of the project is designed and built with a scale of 53.72ha approved detailed planning 1/500, with a population of 21,592 people, with 5,398 high-rise and low-rise apartments, guests Hotels, conference centers and schools... Modern technical infrastructure system, traffic combined with isolated green trees in accordance with urban construction planning, harmony with natural conditions, climate and environment surroundings, natural landscape, sanitary conditions, architectural space layout as well as economic and technical bases and urban community traditions and customs...

When completed, the project will contribute to gradually reducing the overpopulation pressure that is weighing on the inner city districts, especially in line with the criteria of improving the quality of life and developing the overall development of Binh Chanh district in particular. and Ho Chi Minh City in general.