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‘Land for infrastructure’ in Ho Chi Minh City: land-based financing of transportation improvement

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  • Thanh Bao Nguyen
  • Erwin van der Krabben
  • Clément Musil
  • Duc Anh Le

Abstract

This paper explores how land-based financing mechanisms are currently used in Ho Chi Minh City as a public-private funding strategy. The Land-for-Infrastructure (LFI) mechanism appears as a solution to produce infrastructures. We found that the implementation of the LFI mechanism remains difficult, but eventually can lead to success. By ‘trial-error-transcend,’ the City managed to build two essential roads while the developers received attractive investment opportunities in urban development. This mechanism cannot, however, be seen as a panacea for the local authorities due to constraints to replicate it and potential undesired ‘side effects.’

Suggested Citation

  • Thanh Bao Nguyen & Erwin van der Krabben & Clément Musil & Duc Anh Le, 2018. "‘Land for infrastructure’ in Ho Chi Minh City: land-based financing of transportation improvement," International Planning Studies, Taylor & Francis Journals, vol. 23(3), pages 310-326, July.
    • Handle: RePEc:taf:cipsxx:v:23:y:2018:i:3:p:310-326
    DOI: 10.1080/13563475.2018.1477581
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    Cited by:

    1. Gyourko, Joseph & Shen, Yang & Wu, Jing & Zhang, Rongjie, 2022. "Land finance in China: Analysis and review," China Economic Review, Elsevier, vol. 76(C).
    2. Chen Zeng & Zhe Zhao & Cheng Wen & Jing Yang & Tianyu Lv, 2020. "Effect of Complex Road Networks on Intensive Land Use in China’s Beijing-Tianjin-Hebei Urban Agglomeration," Land, MDPI, vol. 9(12), pages 1-19, December.
    3. Zhong, Taiyang & Zhang, Xiaoling & Huang, Xianjin & Liu, Fang, 2019. "Blessing or curse? Impact of land finance on rural public infrastructure development," Land Use Policy, Elsevier, vol. 85(C), pages 130-141.
    4. Zixing Wang & Meirong Zhang, 2023. "The Distributional Effects Associated with Land Finance in China: A Perspective Based on the Urban–Rural Income Gap," Land, MDPI, vol. 12(9), pages 1-15, September.

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