During the Ho Chi Minh City People’s Council’s specialized session on November 14, the Ho Chi Minh City People’s Committee proposed a funding support plan for Tay Ninh Province to execute Component 4 of the HCMC-Moc Bai Expressway project. This component focuses on compensation, support, and resettlement for the section passing through Tay Ninh Province (Phase 1).
The proposed support amount is 1.806 trillion VND.
Phase 1 of the HCMC-Moc Bai Expressway spans 51 kilometers, connecting Ring Road 3 in HCMC at Cu Chi to National Highway 22 in Ben Cau, Tay Ninh. The project is funded through a Public-Private Partnership (BOT contract).
The HCMC-Moc Bai Expressway is a critical transportation project linking Ho Chi Minh City and Tay Ninh Province to the Moc Bai border gate.
The project has commenced and is expected to be completed by 2027.
The total investment is projected at 19.617 trillion VND, with investors and enterprises contributing approximately 9.943 trillion VND. State funding amounts to around 9.674 trillion VND, including 2.872 trillion VND from the central budget and 6.802 trillion VND from the local budget (HCMC).
Phase 1, with a total investment of 10.421 trillion VND, is scheduled to begin in Q1/2026.
In Phase 1, the project is divided into four components. Component 4 involves compensation, support, and resettlement for the 26.3 km section in Tay Ninh Province.
Approved by the Tay Ninh Provincial People’s Committee, this component is a public investment project with an initial investment of approximately 1.504 trillion VND, covering 263 hectares of land clearance.
However, the compensation and resettlement costs have escalated to 3.749 trillion VND, including 3.141 trillion VND for compensation and resettlement, 186 billion VND for technical infrastructure relocation, and over 420 billion VND for other expenses and contingencies. This represents an increase of 2.245 trillion VND compared to the initially approved investment plan.
Land clearance milestones for the HCMC-Moc Bai Expressway project within HCMC.
According to the HCMC People’s Committee, Tay Ninh Province faces significant financial constraints during the 2021-2025 period. Despite allocating resources for economic development, social welfare, and national defense projects, the province requires additional support. Tay Ninh has requested 1.806 trillion VND from HCMC, with the remaining 439 billion VND to be self-funded.
“The HCMC-Moc Bai Expressway is a pivotal regional and inter-regional transportation project, playing a crucial role in enhancing transportation infrastructure. It significantly contributes to the socio-economic development of HCMC, Tay Ninh, and the Southeast region.”
“To expedite project implementation, HCMC deems it necessary to utilize its development investment budget to support Tay Ninh Province,” stated the HCMC People’s Committee proposal.
Specifically, HCMC will provide 1.806 trillion VND in financial support for Tay Ninh to execute Component 4 of the HCMC-Moc Bai Expressway (Phase 1).
Compensation and clearance activities for the project within HCMC are being accelerated by local authorities.
Vietnam’s First 5-Star World-Class Airport: A 1,900-Hectare Mega Project with $8.5 Billion Investment – Nearly $85 Million in Compensation Paid to Over 4,000 Households
To date, Bac Ninh province has disbursed nearly VND 2 trillion in compensation and site clearance payments to approximately 4,054 households across three communes: Gia Binh, Nhan Thang, and Luong Tai, covering an area of over 436 hectares.
Affordable Social Housing Projects in Ho Chi Minh City Starting at 13 Million VND/m²
The supply of affordable housing is rapidly expanding, offering low-income individuals unprecedented access to secure living spaces. Notably, numerous social housing projects in Ho Chi Minh City are now available for purchase, starting at just 13 million VND per square meter, with entire units priced as low as 700 million VND.
New Proposal on Priority Groups for Social Housing Purchases
According to the Ministry of Construction, a mechanism is needed to allow individuals and households whose land is reclaimed to be prioritized for purchasing social housing without requiring them to meet conditions related to housing, income, or lottery draws.
West Ninh Residents Rejoice: TTC Land to Develop 42-Hectare, VND 1.8 Trillion Residential Area with Over 4,000 Homes for Workers
Nestled in the heart of Trang Bang Ward, Tay Ninh Province, the Thanh Thanh Cong Residential Area project spans over 42 hectares, meticulously designed to accommodate a thriving community of 13,000 residents.
Ho Chi Minh City Allocates Nearly $430 Million to Acquire Land from Over 2,000 Households for Vietnam’s Longest Highway Project
Ho Chi Minh City has allocated over VND 9.6 trillion to reclaim land from more than 2,200 households (including over 1,800 fully relocated households) to expand National Highway 1 from Kinh Dương Vương to the Long An border. The project will widen the road to 60 meters, accommodating 10 to 12 lanes of traffic.
