On September 29th, during the 4th session (specialized session) of the 10th Ho Chi Minh City People’s Council (term 2021-2026), a resolution was passed to adjust the investment policy for the project to upgrade and expand Nguyen Duy Trinh Street (from Ring Road 2 to the entrance of Phu Huu Industrial Zone).
Accordingly, the project investor has been changed from Urban Traffic Management Zone No. 2 to the Project Management Board for Traffic Infrastructure Investment and Construction.
Delegates passing the resolution at the session; Photo: PHAN ANH
The total investment has been adjusted from over VND 832 billion to more than VND 1,859 billion. The project category has been changed from Group B to Group A. Additionally, the project timeline has been extended from 2017-2021 to 2017-2028.
Regarding the schedule, from now until the end of 2025, authorities will conduct surveys, prepare, appraise, and approve the adjusted Feasibility Study Report. In Q1 and Q2 of 2026, they will survey, prepare, and approve construction drawings. Compensation, support, and resettlement will be carried out in Q1 and Q4 of 2026.
In Q3 and Q4 of 2026, contractors will be selected for construction. From Q4 of 2026 to Q4 of 2027, the project will commence and complete construction. In 2028, acceptance and settlement procedures will be finalized.
Addressing Traffic Congestion in the Area
This project was initially approved by the Ho Chi Minh City People’s Council in 2015 with a total investment of VND 832 billion, covering a 1.6 km stretch and expanding the road to 30 meters. However, compensation efforts have not yet begun, delaying on-site construction.
Explaining the increase of over VND 1,000 billion in total investment, the Ho Chi Minh City People’s Committee cited updates and additions to compensation costs, infrastructure relocation, construction, project management, other expenses, and contingency funds as per current regulations.
Specifically, compensation, support, resettlement, and infrastructure relocation costs have risen from VND 508 billion to VND 1,506 billion (an increase of VND 998 billion).
According to the Ho Chi Minh City People’s Committee, upgrading and expanding Nguyen Duy Trinh Street (from Ring Road 2 to the entrance of Phu Huu Industrial Zone) will enhance the local transportation network and alleviate traffic congestion in the area.
Nguyen Duy Trinh Street has been likened to a “death road” due to its narrow width, coupled with heavy daily traffic of trucks and containers, making it a major cause of severe traffic accidents.
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