Authorities in Ho Chi Minh City are working with the investors of two luxury condominium projects in Binh Thanh District to join their respective private roads in order to reduce congestion.
Once approved, drivers will be able to take Tran Trong Kim Street in the Vinhomes Central Park urban area through the Saigon Pearl residential complex to travel from the Saigon Bridge to the Thu Thiem Bridge.
The plan is currently pending discussions between the municipal authorities and the investors behind the two projects.
The plan is part of the city’s efforts to mitigate traffic following the prohibition of vehicles on the Nguyen Huu Canh overpass, a major link for travelers from Thu Duc City and Binh Thanh District to downtown Ho Chi Minh City, due to the flyover’s degradation.
A drone view of Tran Trong Kim Street at the Vinhomes Central Park urban area and a private road at the Saigon Pearl residential complex being divided by a wall in Binh Thanh District, Ho Chi Minh City. Photo: T.T.D. / Tuoi Tre |
Travelers currently must detour around the Vinhomes Central Park urban area in order to make it to Nguyen Huu Canh Street, thereby increasing traffic on Vinhomes Central Park’s private roads.
This traffic could be alleviated by eliminating the 2.5-meter-high wall that separates Vinhomes’s Tran Trong Kim Street with the neighboring Saigon Pearl complex.
If connected, the route would form an alternative route parallel to Nguyen Huu Canh Street, stretching about 1.5 kilometers along the bank of the Saigon River between the Saigon Bridge and the Thu Thiem Bridge.
A drone view of Tran Trong Kim Street at the Vinhomes Central Park urban area and a private road at the Saigon Pearl residential complex being divided by a wall in Binh Thanh District, Ho Chi Minh City. Photo: T.T.D. / Tuoi Tre |
Authorities expect the new route to help mitigate traffic congestion near the now-blocked Nguyen Huu Canh overpass during rush hours.
The US$1.5 billion Vinhomes Central Park urban area, developed by conglomerate Vingroup, is located on a 43.91-hectare land plot and is home to an 81-story skyscraper, which is currently the tallest building in Vietnam.
The Saigon Pearl residential complex as developed by real estate firm SSG Group on an area of 10.37 hectares at a cost of $750 million.
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