return icon Vietnamnet.vn

Ring Road No. 3 project in HCMC must be completed by 2025: Deputy PM

The Ring Road No. 3 project, which was approved 10 years ago, must be completed by 2025 to help ease traffic jams in HCMC and connect with the southern key economic zone, said Deputy Prime Minister Truong Hoa Binh.

 

{keywords}

 

At a meeting on May 14 with ministries, agencies and localities, the deputy prime minister asked the Ministry of Transport to instruct the localities the road will pass through to prepare the prefeasibility report for the project, VnExpress reported.

The Government will report legal obstacles to the National Assembly so that regulations will be amended if needed to speed up the progress of the project.

The 98-kilometer ring road was designed to pass through HCMC, Dong Nai, Binh Duong and Long An and include four sections: Tan Van-Binh Chuan, Tan Van-Nhon Trach, Binh Chuan-National Highway 22 and National Highway 22-Ben Luc.

Despite being approved 10 years ago, only the 16-kilometer Tan Van-Binh Chuan section is completed.

The Ministry of Transport has approved the 1A and 1B packages with a total length of 18 kilometers of the Tan Van-Nhon Trach section.

As for the 1A package connecting provincial road 25B and the HCMC-Long Thanh-Dau Giay Expressway, HCMC Vice Chairman Le Hoa Binh said the cost for the site clearance of the package had surged from VND148 billion to VND1.6 trillion. Nevertheless, HCMC would try to allocate the capital as well as the cost for the site clearance for other sections of the ring road in the city.

To accelerate the progress of the Binh Chuan - National Highway 22 and National Highway 22-Ben Luc sections, the agencies in charge of site clearance and construction should be determined. If they are not executed under the build-operate-transfer model, the State budget should be sourced.

Regarding the site clearance work, the biggest obstacle facing the Ring Road No. 3 project, Minister of Transport Nguyen Van The said the Government would propose the National Assembly issue a resolution to assign localities to clear the site for sections passing through their localities and those doing the job slowly must take responsibility.

Localities should immediately clear the site, resettle affected households, relocate infrastructure facilities and separate the projects into packages worth less than VND10 trillion each to complete the project by 2025, The added.

According to Deputy Prime Minister Le Van Thanh, localities should take the initiative to execute the project. Localities’ budgets should be sourced for short sections with large land funds. Land lots along the sections will be auctioned later to refund the local budgets and invest in infrastructure.

HCMC Chairman Nguyen Thanh Phong also pinpointed difficulties facing the Ring Road No. 3 project at a recent meeting with Prime Minister Pham Minh Chinh. The road is a key traffic project of the city and the starting point of HCMC-Moc Bai and HCMC-Chon Thanh expressways, so Phong proposed the Government direct the immediate execution of the remaining sections so they can be completed in the 2021-2025 period.

In addition to Ring Road 3, the second ring road project, which is 64 kilometers long and passes through eight districts, was planned 14 years ago but only 50 kilometers of it has been completed. Further, the Ring Road No. 4 project, which will have a length of 198 kilometers, pass through Ba Ria-Vung Tau, Binh Duong, Dong Nai, HCMC and Long An and require an estimated investment of VND100 trillion, remains on paper although it was approved in 2013.

 

SGT

Expressway connecting central coastal localities ready for opening to traffic

Expressway connecting central coastal localities ready for opening to traffic

The La Son-Tuy Loan expressway connecting Thua Thien-Hue Province and Da Nang City, part of the North-South expressway, is now ready for opening to traffic.

MORE NEWS

Additionally-registered and share-purchased FDI soars sharply in first half of 2022

Despite newly-registered FDI dropping in the first half of the year, additionally-registered and share-purchased investments increased significantly on-year.

Vietnam joins hands with France to renovate Hanoi’s Long Bien bridge

Vietnamese and French experts will join hands to renovate Hanoi City’s deteriorating Long Bien Bridge in the coming months.

Lessons learned from urban railway projects

The urban railway projects that have been and are under construction are all behind schedule, so the total investment must be adjusted.

Prices hit record high, Vietnam earns big money from catfish

Export prices have been escalating in all markets and hitting new records in the US. Vietnam’s catfish export turnover is expected to reach $2.6 billion this year, the highest in history.

Phu Dien Cham Tower in Vietnam sets world record

The central province of Thua Thien – Hue on June 27 held a ceremony to mark WorldKings’ recognition of Phu Dien Tower built by the Cham people as a world record.

Explosive e-commerce growth drives demand for logistics

The rapid growth in e-commerce is driving an unprecedented increase in demand for logistics services, including express delivery services, according to industry insiders.

Local authorities warned of easy discipline when receiving FDI

Experts have pointed out that many localities accept small-scale foreign-invested projects which don’t have much significance to the localities, and allocate too much land to these projects.

Cashew industry faces huge challenges

Vietnam exported over 206,000 tonnes of cashew nuts worth 1.19 billion USD in the first five months of 2022, down 7.81% in volume and 6.81% in value, the Vietnam Cashew Association (VINACAS) reported.

After failed deal with MobiFone, AVG finds new owner

AVG has changed hands, but it has not made an official announcement about the deal.

Hue's Dong Ba Market revamped to lure tourists

Returning to Thua Thien Hue after over two years of lockdown, Luu Hoang Long and his wife, a Vietnamese Australian, chose first to visit Dong Ba Market, the biggest traditional local shopping centre in the ancient royal city of Hue.

Retail giants to sell low-cost products

With powerful financial resources, big retailers are organizing retail chains that sell a wide variety of lower priced goods.

Five directions for internet development in Vietnam

Deputy Minister of Information and Communications Pham Duc Long pointed out five major directions for internet development with an aim of creating a safe, modern and humanitarian digital society at the VNNIC Internet Conference 2022 last week.

Vietnam proposes to issue ID cards to people without Vietnamese nationality

Non-Vietnamese nationals living in Vietnam will likely be granted an electronic identification account to perform public administrative procedures.

VN, Hungary’s parliaments sign new cooperation agreement

A new cooperation agreement between Vietnam and Hungary’s national assemblies was assigned by National Assembly (NA) Chairman Vuong Dinh Hue and his Hungarian counterpart László Kövér in Budapest on Monday.

Australia pledges to continue fostering strategic partnership with Vietnam

Australian Foreign Minister Penny Wong has affirmed that her nation always attaches importance to Vietnam's role in the region, and pledges to continue strengthening its strategic partnership with the Southeast Asian nation.
back_to_top