Private real estate projects crowd Saigon riverside spaceVietNamNet Bridge - Truong Trong Nghia, a NA Deputy, at the working session with the HCMC People’s Committee, warned that the two banks of Sai Gon River are being ‘privatized’. Real estate firms have been hunting for the riverside land to develop projects. In the western part of Sai Gon River, for example, more real estate projects have arisen. Dinh The Hien, an economist, commented that the construction density of the real estate projects on Sai Gon river’s western bank is very high. He stressed that the development of riverside projects deprive HCMC dwellers of landscapes, while breezes are prevented by concrete walls.

Source: VietNamNet News December 29, 2017 02:25 UTC