DistantNews
Support us
🇻🇳 Vietnam /Energy & Infrastructure

Ho Chi Minh City Proposes Using Project Savings to Widen Ring Road 3 to 8 Lanes

From Thanh Niên · () Vietnamese

Translated from Vietnamese and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Ho Chi Minh City proposes using 15.75 trillion VND in project savings to expand Ring Road 3 to 8 lanes.
  • The Ring Road 3 project, spanning 76.34 km, has completed land clearance and is 74% complete in construction.
  • Rising fuel prices and asphalt supply issues are impacting contractor costs and project timelines.

Ho Chi Minh City is pushing forward with ambitious plans to enhance its transportation infrastructure, proposing the use of significant project savings to widen the crucial Ring Road 3. The city's management board for transport construction investment projects has requested approval to allocate 15.75 trillion VND, saved from the initial budget, towards expanding the 76.34 km route to eight lanes. This expansion aims to boost the road's capacity and efficiency, facilitating smoother traffic flow and supporting regional economic connectivity.

The Ring Road 3 project Ho Chi Minh City has a total length of 76.34 km passing through Ho Chi Minh City, Dong Nai, and Tay Ninh with a preliminary total investment of 75.378 trillion VND.

· Nguyen Anh Minh, Director of the Management Board of Investment Projects for Transport Works of Ho Chi Minh CityProviding an overview of the Ring Road 3 project.

The Ring Road 3 project itself is progressing well, with land clearance fully completed and construction reaching approximately 74% of its planned volume. Technical completion of some sections is slated for December 2025, with the main highway sections targeted for completion by September 30 and the entire project by December 2026. However, contractors are facing challenges, notably a sharp increase in fuel prices and disruptions in the supply and pricing of imported asphalt, which are escalating operational costs and potentially impacting the timeline for asphalt paving crucial for opening sections of the road.

Land clearance has been 100% completed and all 611 hectares of land along the entire route have been handed over.

· Nguyen Anh MinhReporting on the progress of land acquisition for the project.

Beyond the immediate expansion, the city also seeks the authority to adjust component project budgets without exceeding the overall approved total, a move aimed at streamlining project management. Furthermore, they propose using remaining savings to complete the planned eight-lane configuration of the Ring Road 3, particularly the 15.3 km stretch from Tan Van to Binh Chuan, potentially as a separate project if central government support is secured. This forward-thinking approach underscores Vietnam's commitment to developing its national infrastructure and improving connectivity within key economic zones.

The project is facing difficulties due to a sudden increase in fuel prices, affecting the operating costs and labor costs of contractors. The supply of imported asphalt is disrupted and prices have increased sharply, affecting the progress of asphalt paving to serve the opening of the road.

· Nguyen Anh MinhDetailing the challenges faced by contractors.
About this summary

Originally published by Thanh Niên in Vietnamese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog