HCMC – HCMC will allocate VND4.54 trillion for construction of another section of the 64-km Eastern Beltway No. 2 as recently approved by the HCMC People’s Council.
The 2.5-km section runs from Vo Nguyen Giap to Pham Van Dong avenues and comes with two components.
Three other sections have yet to be built, namely Go Dua interchange-Pham Van Dong Avenue, Vo Nguyen Giap Avenue-Phu Huu bridge and National Highway 1A-Nguyen Van Linh Parkway.
For Vo Nguyen Giap-Pham Van Dong section, the construction phase worth VND2.6 trillion will be overseen by the Transportation Works Construction Investment Project Management Authority of HCMC. Meanwhile, site clearance, compensation and resettlement, which cost a combined VND1.96 trillion, will be undertaken by the Compensation and Site Clearance Board of Thu Duc City.
The project includes the construction of Rach Ngang bridge and an interchange at Pham Van Dong and Beltway No. 2.
According to the project schedule, works to be done include a feasibility study, site clearance, compensation, resettlement, design approval, and contractor selection.
Construction work is scheduled to commence in the third quarter of 2025, with completion expected in the second quarter of 2027.
To date, 50 kilometers of the 64-km HCMC Beltway No. 2 has been opened to traffic.
