The construction of inter-regional highway projects and Ho Chi Minh City’s Ring Road No.3 will start in mid-June, according to the prime minister’s plan.

Based on the proposal of the Ministry of Transport, the prime minister approved the start of construction of three highway projects together with Ho Chi Minh City’s Ring Road No.3 on June 17-18.

The first is the component project of Chau Doc - Can Tho - Soc Trang Expressway, which has a total length of more than 188km with its starting point connected with the National Highway No.91 in Chau Doc city, An Giang, and its ending point intersecting with Nam Song Hau street, connecting to Tran De Port in Soc Trang province.

The project is separated into four component projects with a total investment of VND44.69 trillion ($1.86 billion) with a design of four lanes, an emergency stopping lane, and a speed of 100km per hour.

Meanwhile, Khanh Hoa People’s Committee is set to get off the ground on the first component of Khanh Hoa-Buon Ma Thuot Expressway next month at a total cost of over VND5.3 trillion ($220.8 million).

In this component, the road will be around 31.5km long. The four-lane road is designed with a maximum speed of 100km per hour, and 21 bridges and three interchanges. The project is expected to be completed by 2026. The project is divided into three components to be developed under the public investment format. The entire road length will be 117.5km.

The third project is Bien Hoa-Vung Tau Expressway, which has a total length of 53.7km. With an investment capital of $743.3 million, the expressway is particularly significant in connecting and shortening the transport time from the Southern Key Economic Region to the Cai Mep - Thi Vai deep-water seaport cluster and Long Thanh International Airport.

Ho Chi Minh City’s Ring Road No.3 project has a total length of about 76.34km. The project, with total investment estimated at VND75.378 trillion ($3.2 billion), is expected to be completed by the end of June 2026.

Ring Road No. 3 is a strategic traffic axis, creating a premise to remove bottlenecks and opening up new directions for urban, industrial, commercial, and service development.

It will connect to five radial highways – Ho Chi Minh City-Trung Luong, Ho Chi Minh City-Moc Bai, Ho Chi Minh City-Chon Thanh, Long Thanh-Dau Giay and Ben Luc-Long Thanh, enhancing inter-regional connectivity.

Vietnam Investment Review