A map shows HCM City’s ring roads No 3 and 4 (Photo courtesy of HCM City’s Department of Transport) HCM City (VNS/VNA) - The Ho Chi Minh City People’s Committee has urgedthe Ministry of Transport to speed up construction of ring roads No. 3 and 4.
The two roads, to cost more than 154 trillion VND (6.6 billion USD), areexpected to play an important role in reducing congestion and strengtheninglinks between the city and neighbouring provinces and cities.
They were approved by the Government 10 years ago.
Work on a 16km section of Ring Road No. 3 has begun while Ring Road No. 4remains on paper.
The 55.8 trillion VND (2.4 billion USD) Ring Road No. 3 will be 90km long andpass through HCM City and Dong Nai, Binh Duong and Long An provinces.
Construction has been divided into four sections.
Ring Road No. 4 project will be a 198km expressway running through HCM City andthe provinces of Ba Ria-Vung Tau, Binh Duong, Dong Nai, and Long An.
It is expected to cost around 99 trillion VND (4.3 billion USD).
The Cuu Long Corporation for Investment Development and Project Management ofInfrastructure (CIPM), the agency in charge of their construction, said it hassought funding for the 35.8km Ben Luc-Hiep Phuoc section of Ring Road No. 4.Other sections have not had feasibility studies done yet.
Ring Road No. 3 will be linked to national highways 1A and No. 22, and the BenLuc-Long Thanh, HCM City-Trung Luong, HCM City-Long Thanh-Dau Giay and HCMCity-Moc Bai expressways.
It will reduce travel time between various localities and reduce the number ofvehicles entering the city centre, thus reducing traffic jams and accidentsthere.
Ring Road No. 4 is expected to promote inter-regional links, especially with HiepPhuoc Port Urban Area in Nha Be district, to boost economic growth in thesouthern key economic region and the Mekong Delta.
CIPM has recommended the public-private partnership (PPP) model in order toquickly complete the projects.
Relevant agencies have been asked to speed up work on Ring Road No. 3 in2020-25.
The municipal People’s Committee has called for quickly finishing feasibilitystudies for each section of Ring Road No. 4.
Investment policies for Ring Road No. 4 must be approved in 2020-25 period toenable quick acquisition and clearance of land, call for bids and start of construction,the committee said./.
The two roads, to cost more than 154 trillion VND (6.6 billion USD), areexpected to play an important role in reducing congestion and strengtheninglinks between the city and neighbouring provinces and cities.
They were approved by the Government 10 years ago.
Work on a 16km section of Ring Road No. 3 has begun while Ring Road No. 4remains on paper.
The 55.8 trillion VND (2.4 billion USD) Ring Road No. 3 will be 90km long andpass through HCM City and Dong Nai, Binh Duong and Long An provinces.
Construction has been divided into four sections.
Ring Road No. 4 project will be a 198km expressway running through HCM City andthe provinces of Ba Ria-Vung Tau, Binh Duong, Dong Nai, and Long An.
It is expected to cost around 99 trillion VND (4.3 billion USD).
The Cuu Long Corporation for Investment Development and Project Management ofInfrastructure (CIPM), the agency in charge of their construction, said it hassought funding for the 35.8km Ben Luc-Hiep Phuoc section of Ring Road No. 4.Other sections have not had feasibility studies done yet.
Ring Road No. 3 will be linked to national highways 1A and No. 22, and the BenLuc-Long Thanh, HCM City-Trung Luong, HCM City-Long Thanh-Dau Giay and HCMCity-Moc Bai expressways.
It will reduce travel time between various localities and reduce the number ofvehicles entering the city centre, thus reducing traffic jams and accidentsthere.
Ring Road No. 4 is expected to promote inter-regional links, especially with HiepPhuoc Port Urban Area in Nha Be district, to boost economic growth in thesouthern key economic region and the Mekong Delta.
CIPM has recommended the public-private partnership (PPP) model in order toquickly complete the projects.
Relevant agencies have been asked to speed up work on Ring Road No. 3 in2020-25.
The municipal People’s Committee has called for quickly finishing feasibilitystudies for each section of Ring Road No. 4.
Investment policies for Ring Road No. 4 must be approved in 2020-25 period toenable quick acquisition and clearance of land, call for bids and start of construction,the committee said./.
VNA
