HCMC – The construction of a section of the HCMC Beltway No. 2, stretching from Pham Van Dong Avenue to Go Dua intersection, could not be completed as scheduled for last year, so it has been rescheduled to 2026.
The 2.7-kilometer section has been developed under the build and transfer (BT) format at a total cost of over VND2.7 trillion.
Work on the section began in late 2017, but the project has been put on hold since mid-2020 due to site clearance hindrances.
According to a report from the HCMC Department of Transport, the project is just 44% complete in terms of construction and installation.
HCMC Beltway No. 2 has a total length of 64 kilometers, but around 50 kilometers of it has been opened to traffic. The remaining 14 kilometers, distributed across four different sections, remains half-done.