Mr. Luong Minh Phuc, Director of the Management Board of Investment and Construction of Traffic Works in Ho Chi Minh City, shared that along with the projects that commenced on August 19, such as the Ho Chi Minh City – Moc Bai Highway project (bomb and mine clearance bid package) and the construction of the Dinh Intersection to unblock the northwestern gateway to the city center, the city will implement a series of key transport projects from now until the end of the year. These include the expansion of the road connecting Ho Chi Minh City – Long Thanh – Dau Giay Highway, the groundbreaking of Ring Road 2 (Section 1 and Section 2), and the aim to achieve technical clearance of Ring Road 3.
Of Ring Road 3’s 47.3 km route, the 14.7 km section in the former Thu Duc City will be officially opened to traffic, while the 32.6 km stretch passing through Hoc Mon and Binh Chanh (former districts) will be technically cleared. The entire Ring Road 3, encompassing both the parallel and expressways, is anticipated to be completed by April 30, 2026.
The 3.2 km extension of the road connecting Ho Chi Minh City – Long Thanh – Dau Giay Highway from An Phu to Ring Road 2 is nearing completion. Image: CTV
In parallel, the Transport Board is also preparing to commence the Ring Road 4 project on August 19, 2026.
According to the Ho Chi Minh City Transport Board representative, in 2025, the unit was assigned a public investment plan of over VND 17,271 billion by the People’s Committee of Ho Chi Minh City to implement key infrastructure projects. By early July, the Board had disbursed approximately VND 6,403 billion, achieving 37% of the plan.
To accelerate disbursement, the Transport Board has developed a detailed schedule by month and quarter and requested contractors to increase manpower and organize construction in three shifts and four teams to make up for lost time. They are striving to disburse 100% of the planned capital in 2025.
The Board also proposed that the People’s Committee of Ho Chi Minh City direct departments, sectors, and localities to shorten by at least 30% the time for investment procedures, especially for BOT projects that expand gateways such as the upgrade and expansion of National Highway 1, the renovation and expansion of National Highway 22, the North-South route (from Nguyen Van Linh to Ben Luc – Long Thanh Expressway), and the expansion of National Highway 13. “If the procedures are expedited, the large compensation and site clearance funds for these projects will be disbursed more swiftly,” emphasized the representative of the Transport Board.
Simultaneously, the Board is also expediting newly commenced projects to promptly sign contracts and disburse advance payments as per regulations, ensuring the continuous and efficient flow of public investment capital.
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