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 the Investment and Construction of Traffic Works.
Delegates passing the resolution at the session; Photo: PHAN ANH
The total investment has been adjusted from over 832 billion VND to more than 1,859 billion VND. The project category has been changed from Group B to Group A. Additionally, the project implementation period has been extended from 2017-2021 to 2017-2028.
Regarding the timeline, 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 design 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, the preparation of acceptance and settlement dossiers will be finalized.
Addressing Traffic Congestion in the Area
This project was approved by the Ho Chi Minh City People’s Council in 2015 with a total investment of 832 billion VND, covering a 1.6 km stretch and expanding the road to 30 meters. However, compensation efforts have not been implemented, delaying on-site construction.
Explaining the increase of over 1,000 billion VND in total investment, the Ho Chi Minh City People’s Committee stated that it is due to updated and additional costs for compensation, support, resettlement, relocation of technical infrastructure, construction, project management, other expenses, and contingency funds as per current regulations.
Specifically, the cost for compensation, support, resettlement, and relocation of technical infrastructure has increased from 508 billion VND to 1,506 billion VND (an increase of 998 billion VND).
According to the Ho Chi Minh City People’s Committee, the project to upgrade and expand Nguyen Duy Trinh Street (from Ring Road 2 to the entrance of Phu Huu Industrial Zone) will complete the local transportation system 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 a high volume of trucks and containers passing through daily, making it a major cause of severe traffic accidents.
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