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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Tuesday, April 8, 2025

Work on Beltway No. 3 in HCMC area to begin earlier than planned

By Minh Hoang

Must read

HCMC – At least 70% of land to be cleared for Beltway No. 3, which will link HCMC, Dong Nai, Binh Duong and Long An, will be handed over in late 2022, so work on the project will start in June 2023, six months before the previous plan.

The leaders of the four southern localities on July 2 signed a detailed plan to develop the ring road project.

Tran Quang Lam, director of the HCMC Department of Transport, told the meeting with HCMC’s three neighboring provinces that after the National Assembly issued a resolution approving the project in mid-June, the city and the three provinces had quickly mapped out a plan to start work.

The HCMC government is in charge of the entire project, Lam said, adding that the city and the three provinces are speeding up site clearance so as to start handing over cleared land to the 76-kilometer-long beltway project in October.

Deputy Minister of Transport Le Dinh Tho asked the parties involved to expedite site clearance so that the beltway could be completed in October 2025. The ring road is set to be opened to traffic in 2026.

The beltway will be divided into eight components, with each city/province responsible for two, and require over VND75 trillion in investment.

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