In mid-February 2025, the Ministry of Transport approved the investment policy for the expansion of the Ho Chi Minh City – Trung Luong – My Thuan Expressway through a public-private partnership (PPP) in the form of a build-operate-transfer (BOT) contract.
The project has a total investment of approximately VND 39,800 billion and a length of over 96km, connecting Cho Dem intersection in Binh Chanh District, Ho Chi Minh City, to the north end of My Thuan 2 Bridge in Cai Be District, Tien Giang Province. The preparation and implementation of the project are expected to take place between 2024 and 2028.
Western Ho Chi Minh City’s infrastructure has been receiving significant investment.
The Ho Chi Minh City – Trung Luong section, from Cho Dem to Ring Road 4, will have 12 lanes, while the section from Ring Road 4 to Trung Luong will have 10 lanes, with a designed speed of 120 km/h. The Trung Luong – My Thuan section will feature six lanes and a designed speed of 100 km/h. The project also includes the construction of various structures along the route, an intelligent transportation system, toll stations, and rest stops.
According to the Ministry of Transport, the expansion of the Ho Chi Minh City – Trung Luong – My Thuan Expressway aims to alleviate traffic congestion. Along with other infrastructure projects in the region, it will form a comprehensive transportation network in the Southern Key Economic Region and gradually complete the expressway network in the Mekong Delta region.
The project also aims to meet the transportation needs of travelers from the Mekong Delta provinces to Ho Chi Minh City, the Southeast region, and other parts of the country. The improved infrastructure will provide a more convenient route for people in the western region to reach Ho Chi Minh City’s center and reduce travel distances to other areas. Additionally, the expansion will create opportunities and drive the development of the region by providing a synchronized technical and social infrastructure system, connecting economic centers, international gateways, and seaports, thereby enhancing competitiveness and boosting the regional economy.
Infrastructure development fuels the growth of the real estate market.
As a gateway to the Mekong Delta provinces, the western region of Ho Chi Minh City is witnessing remarkable progress in terms of infrastructure and economic development. This transformation is reshaping the real estate market and attracting investors to the area.
Observations indicate that some existing urban projects in Long An, located near large-scale infrastructure routes, are receiving significant attention from buyers, including investors from the north. For example, Waterpoint, a 335-hectare project by Nam Long and Nishi Nippon Railroad (Japan), situated on the frontage of Provincial Road 830 and adjacent to the Ho Chi Minh City – Trung Luong Expressway, is offering a limited number of villas and mansions called Park Village and The Aqua, respectively, with attractive incentives. The project has garnered interest due to its advantage of being an existing development that directly benefits from the area’s infrastructure improvements. Moreover, as the largest satellite city currently under development in western Ho Chi Minh City, Waterpoint boasts completed infrastructure and well-invested amenities. The project features a diverse ecosystem that caters to the living, learning, working, shopping, and entertainment needs of approximately 30,000 residents, making it appealing for both end-users and investors, ensuring long-term value appreciation.
It is evident that real estate projects in the western region have been attracting buyers’ interest, largely due to the continuous investment in infrastructure. According to the development orientation for 2021-2030, this area has prioritized 14 key transportation projects, including inter-regional connectivity projects and six economic driving axes.
Notable projects include the Ben Luc – Long Thanh Expressway, with a total investment of VND 31,300 billion, and the under-construction Ring Road 3. Additionally, several other critical routes, such as National Highways 1, 50, 62, and N2, and the metro line 3A Ben Thanh – Tan Kien, are also in the pipeline. These projects will help alleviate traffic congestion in the western region, providing seamless connections within Ho Chi Minh City and neighboring provinces like Binh Duong, Dong Nai, and Long An.
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