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Saturday, December 28, 2024

Major infrastructure projects in HCMC to be fast-tracked in 2025

By Le Hoang

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HCMC – HCMC plans to focus on expediting several key infrastructure projects in 2025, including sections of Beltway No. 3 and a pedestrian bridge over the Saigon River.

Tran Quang Lam, director of the HCMC Department of Transport, shared updates on these critical projects during a December 26 conference reviewing 2024’s socio-economic development and outlining 2025’s plans.

Progress is steady on the city’s three strategic transportation projects: the Can Gio International Transshipment Port, the urban railway system, and emissions control linked to public transportation development. Notably, the Can Gio International Transshipment Port is set to receive government investment approval next week.

The city’s second metro line, connecting Ben Thanh and Tham Luong stations, has achieved 98% land clearance. Relocation of technical infrastructure is scheduled for completion in the first quarter of 2025.

For Beltway No. 3, land clearance has been 99% complete and construction 33%. Some sections of the project are expected to open in 2025, with the entire route fully operational by 2026.

Meanwhile, investment for the remaining sections of Beltway No. 2 in the eastern part of the city has been approved. Construction is anticipated to begin in the second quarter of 2025 following architectural bidding and compensation efforts.

The Beltway No. 4 project proposal has been submitted to the Government. If approved, the investment plan—estimated at VND100 trillion—will be presented during the next National Assembly session.

The HCMC-Moc Bai expressway project is progressing as HCMC and Tay Ninh Province work on compensation. Construction on some bidding packages is expected to start in the third quarter of 2025. The public-private partnership (PPP) investor selection process will follow, with the entire route set for completion by 2027.

Among the city’s unique upcoming projects is a privately funded pedestrian bridge over the Saigon River. Construction is expected to begin before April 30, 2025, marking the first such project in HCMC entirely financed by a private company.

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