HCMC – HCMC plans to expand Nguyen Thi Dinh Street from its current six-meter width to 30 meters to reduce traffic congestion along the key route to Cat Lai port, the country’s busiest container terminal with annual throughput amounting to 5.5 million TEUs.
The project, which needs an estimated VND2,000 billion, will upgrade and widen a two-kilometer section of the street from Giong Ong To bridge to the My Thuy bridge.
The investment policy for this road expansion was approved in 2015, but the project faced repeated delays due to site clearance problems. Originally, the project was planned for completion in 2020 with a total cost of VND295 billion.
According to a proposal sent to the 13th session of the 10th-tenure HCMC People’s Council, the HCMC People’s Committee said it could not be completed until 2026.
Compensation, support, resettlement and site clearance costs have risen to VND1,800 billion.
The increase in costs is attributed to the extended compensation and support for resettlement, leading to adjustments in the land price coefficient, as well as the incorporation of two new locations within the project.
Cat Lai port now handles around 19,000 container trucks a day.
In conjunction with the Nguyen Thi Dinh road expansion, the city has also initiated the first phase of the My Thuy intersection development and the widening of Dong Van Cong Street, all of which contribute to improving traffic flow in the area.
