Southern Vietnam’s Largest Super Project: An Overview of Its 4-Province Construction Across a Budget of Over 75 Trillion VND

With a total investment capital of nearly VND 75,400 billion, Ho Chi Minh City's Ring Road 3 is the largest transportation project in the South. Contractors are currently rushing to complete the project for operation in 2026.

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The Ring Road 3 project has a total length of 92 km, passing through four provinces and cities: Ho Chi Minh City, Binh Duong, Dong Nai, and Long An. The project has a starting point at the interchange with the Ben Luc – Long Thanh expressway in Nhon Trach district, Dong Nai, and an ending point at the interchange with the Ben Luc – Long Thanh expressway in Long An province.

Upon completion, Ring Road 3, in combination with the Ben Luc – Long Thanh expressway, will create a closed traffic system around Ho Chi Minh City. This will quickly improve the traffic congestion in the area and unlock the economic development potential of Ho Chi Minh City and neighboring provinces.

Ring Road 3 is divided into eight component projects, with each locality implementing two projects, including land clearance and construction. In June 2023, the Ring Road 3 project section passing through Ho Chi Minh City was started. The photo shows the construction package adjacent to the Vinhomes Grand Park urban area with an investment of approximately 2,100 billion VND in the territory of Thu Duc City.

After 10 months of construction, this bridge section is gradually taking shape. Every day, the construction site maintains a workforce of around hundreds of people. As of early April 2024, the output has exceeded 15.9%. However, the progress of this construction package is behind schedule due to the prolonged treatment of weak soil, which lasted for 14 months.

The Ring Road 3 section running through Go Cong canal (Long Thanh My ward, Thu Duc) is also concentrating a lot of machinery for construction.

However, this section has only recently started construction, so there is not much machinery, and the construction site has only about a few dozen workers, much less than other sections. Every day, workers here work two shifts, morning and afternoon.

Also in June 2023, Binh Duong started construction on a bridge over the Saigon River and an overpass at the Binh Chuan intersection (Thuan An city, Binh Duong province). The project has an area of about 31 hectares, with an estimated investment capital of about 571 billion VND. The bridge will have a scale of 8 lanes with a speed of 100 km/h. The parallel road sections on both sides will be arranged with a minimum of 2 motorized vehicle lanes and one mixed-use lane with a speed of 60km/h.

According to the Traffic Construction Investment Project Management Board, the Binh Chuan intersection, part of the Ring Road 3 project, has currently reached 30% of its output. To achieve this progress, the construction site always has about 140 workers working in shifts around the clock. This is an important traffic junction due to the high volume of trucks and container trucks transporting goods and materials from factories and industrial zones in Binh Duong to neighboring provinces and cities.

The Ring Road 3 project in Ho Chi Minh City, section passing through Dong Nai province, has a length of over 11 km, with a scale of 8 expressway lanes. Phase one will build and put into operation 4 expressway lanes. The total investment is nearly 3,900 billion VND.

As of the end of March, this section is over 10% behind schedule. The reason is the delay in handing over the site. The photo shows component project 1A passing through Nhon Trach district, Dong Nai province. Currently, this road section is being filled to address the weak soil conditions and prevent subsidence during construction.

Ring Road 3 is assessed by experts as a vital road for the socio-economic development and infrastructure of Ho Chi Minh City and neighboring regions in the future. Although it is still under construction, this road has significantly impacted the real estate prices in the areas it passes through.

SOURCEcafef
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