Authorities in Ho Chi Minh City are finalizing preparations for a series of major traffic infrastructure projects that are expected to create a boost for the city’s socio-economic development upon completion.
Municipal authorities are speeding up procedures so that the construction of key traffic works at the city’s entrances will begin by the end of the year, according to Tran Quang Lam, director of the Ho Chi Minh City Department of Transport.
The projects include National Highway No.50, An Phu Intersection, located at the starting point of the Ho Chi Minh City - Long Thanh - Dau Giay Expressway, and Tran Quoc Hoan Street, which connects Cong Hoa Street with the to-be-constructed T3 Terminal of Tan Son Nhat International Airport.
Competent authorities are also expediting the site clearance process to make way for the construction of Ring Road No. 3, Lam continued.
This project is expected to be initiated in mid-2023 and complete in around 2025-26.
Stretching 76.3 kilometers and having four lanes, Ring Road No. 3 is estimated to cost VND75.3 trillion (US$3.1 billion).
Regarding Ring Road No. 4, the transport department is speeding up the making of the pre-feasibility report and will submit it to the municipal People’s Council within this year.
Ring Road No. 4 is expected to be about 200 kilometers long and have six to eight lanes.
The city will also spend seaport fee collection and the local budget on upgrading streets leading to local ports within the next five years, in a bid to help the city’s ports reach their full potential.
“In the next five years, traffic in Ho Chi Minh City will change greatly as new ring roads and expressways will boost connectivity between the metropolis and other provinces in the southern key economic region,” Lam said.
“In the inner city, authorities will accelerate the progress of urban railway projects and add other modern forms of public transport.”
Following the COVID-19 pandemic, the municipal Party Committee and People's Committee have decided to focus on the transport sector in order to create a spillover impact on socio-economic development and improve the quality of people's lives, the official stated.
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