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District 7 is experiencing strong economic growth, a rapid change in the district's urban economic landscape, political stability, and breakthrough areas to support socioeconomic development. sustainable, people's quality of life keeps getting better.

Socio-economic potential

District 7 has a strategic position in exploiting water and road traffic and is also the southern gateway of Ho Chi Minh City, a bridge connecting the city's development with the East Sea and the world. With those values, District 7 has the conditions to attract domestic and foreign investment. Tan Thuan Export Processing Zone in the district is one of the largest and most effective export processing zones in the city.

Currently, in District 7, a number of new urban areas have been formed, such as Phu My Hung urban area, Cityland Riverside urban area, Nam Phu Villas urban area, Him Lam-Kenh Te urban area, etc.

Geographic location - Economic development potential of District 7

District 7 is located to the north, bordering District 4 and District 2, to the south, adjacent to Nha Be district, to the east, bordering District 2 and Nhon Trach district (Dong Nai province), and to the west, bordering District 8 and Binh Chanh district. Located in the key economic area of Saigon South, District 7 has welcomed many new trends to become an outstandingly dynamic economy here.

In addition, the Tan Thuan export processing zone in District 7 meets all the economic, commercial, administrative, medical, and entertainment conditions to help this area become even more empowered, like a tiger with wings. With the strength of its location, in the period 2020–2025, District 7's economic potential will certainly remain strong and can lead to many achievements.

Important projects in metropolitan areas that draw investors

Investment channels will be a major factor influencing the development of any of these areas. In addition to industrial parks and export processing zones, real estate is also a gold mine that is considered to bring great benefits, so there is strong capital injection from both domestic and foreign sources. One of the most famous urban areas is Phu My Hung.

Additionally, there are the following projects: Southgate Tower, Sunshine City Saigon, Eco Green Saigon, and Hoang Anh Thanh Binh; urban areas: Sunrise City, Sunrise City View, Him Lam Tan Hung, Him Lam Riverside, An Vien, Lacasa, Era Town, Nam Long Residential Area District 7, Sky, Tan Truong Villa, Hung Vuong. And Zeitgeist Nha Be from GS Korea is one of the major Saigon real estate projects that is close to the district and has a significant influence on the growth and economy of this area.

This raises the value of real estate in this "golden land" and draws a lot of investors, which boosts District 7's economic potential.