Over the past 20 years of development, Phu My Hung has established a good reputation as the first urban area with a great modern master plan. Decision No.749\/TTg issued on the 8th<\/sup>\u00a0of December, 1994 by the Prime Minister said, \u201cThe New Urban Area will develop alongside the current city and will be part of Ho Chi Minh City.<\/p>\n The decision offered a chance for comprehensive development schemes for the southern part of the city.<\/p>\n So far, 85 projects in Phu My Hung have been put in operation for business activities. The projects which have been put in operation most recently include Canadian International School, Tiny Flower School, Adora Wedding Hall. These projects have attracted a lot of attention from customers.<\/p>\n Additionally, in Phu My Hung\u2019s Zone A as the International Finance Center, the infrastructure including streets, the water supply and drainage systems, the electricity supply system, and the telecommunications system like cable TV, telephone, Internet networks has been properly built, meeting the requirements for the development of a civilized urban area.<\/p>\n This area does not only meet the need for expansion of the city toward the sea, reducing the population density of the downtown area, but it also plays an important role in attracting more investors, contributing to the development of the whole area in the south of the city.<\/p>\n Compared with other areas of the city, Phu My Hung has an advantage in location. It is only about 5km, that is, a 15-minute ride, from the downtown area of Ho Chi Minh City. What is special, Nguyen Van Linh Boulevard of 17.8km long with 10 to 14 lanes makes it great for transportation, eradicating the concern about traffic congestion at rush hours in urban areas.<\/p>\n In addition, business activities in Phu My Hung also raise the investors\u2019 confidence in the high liquidity because the real estate business transaction, transfer and leasing activities have always been maintained at high levels. In addition to the residing function, the real estate in Phu My Hung offers high profits for investment because its values are sufficiently maintained.<\/p>\n In addition to the good investment in the infrastructure and facilities, the human resources also play a significant role in the development of Phu My Hung. It has been attracting more and more residents and workers who are Vietnamese and foreigners of different nationalities. Most of them are well-educated or qualified people, promising to provide high quality employees for investors here.<\/p>\n Mr. Stephen Lee, International Marketing Manager, Phu My Hung Development Co., Ltd., said, \u201cNow, this center has been attracting more and more big companies to open their offices here. They include Unilever, Manulife, Saigon Exhibition and Convention Center (SECC), Mercedes \u2013 Benz and Porche.<\/p>\n \u201cThese are big companies with a good reputation who have chosen to make long-term investments in Phu My Hung Urban Area, contributing to making a driving force, stimulating a dynamic business and investment environment not only for Phu My Hung Urban Area but also for the whole area of the south of Ho Chi Minh City.<\/p>\n![\"\"](\"http:\/\/pmh.tqdesign.vn\/\/wp-content\/uploads\/2018\/03\/2013-09-27-pmh-2.jpg\")
<\/a>\u201cThis area will be a multifunctional complex which is a center for different activities including finance, trade, services, industry, science, culture, education, residence and entertainment and recreation, providing support for the development of the current downtown area and the driving force for the development of the Southern and Southeastern of HCM city.\u201d<\/p>\n<\/a><\/a><\/p>\n