The National Assembly approved the investment policy of the Ring Road No. 3 in Ho Chi Minh City and Bien Hoa Vung Tau Expressway

Phase 1 of The Ring Road No. 3 Project will be for the remaining 76km and along with the Ben Luc - Long Thanh Expressway (under construction at 80%) create a closed circle, surrounding the outskirt of Ho Chi Minh City.

In terms of scope, scale and form of investment: 76.34 km of investment, divided into 8 component projects in the form of public investment. Preliminary total investment of the project is VND75,378 billion.

Regarding land use demand and plans for compensation, support, and resettlement, according to the Resolution, the project's preliminary land use needs are about 642.7 ha, of which rice land is about 70.24 ha, other agricultural land is about 103.52 ha, production forest land is about 16.82 ha, residential land is about 64.1 ha, perennial crop land is about 229.62 ha, non-agricultural production and business land is 11, 2 ha and other land is about 147.2 ha. Site clearance for the entire route once according to the planned scale, except for the invested Tan Van-Binh Chuan section.

Regarding the implementation progress: Preparing for investment, implementing the project from 2022, basically completing in 2025 and putting into operation from 2026.

Ring Road No. 3 in Ho Chi Minh City, connecting Ho Chi Minh City with Dong Nai, Binh Duong, Long An provinces and other localities in the region, promoting investment efficiency in investment projects, creating space for development new, exploit the potential of land use in order to build a sustainable and modern urban system; contributing to the successful implementation of the country's socio-economic development goals and tasks according to the Resolution of the 13th National Congress of the Party.

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Direction of Bien Hoa - Vung Tau Expressway

Regarding the Bien Hoa - Vung Tau Expressway Project, the National Assembly's Resolution clearly states that the National Assembly decides the investment policy of the Bien Hoa - Vung Tau Expressway construction investment project phase 1. Investment approx. 53.7 km, divided into 3 component projects in the form of public investment. Preliminary land use demand of the Project is about 519.64 ha.

The project applies advanced and modern technologies, ensuring safety, synchronization, quality and efficiency requirements; To encourage the application of high technology in construction organization and climate change adaptation; Implement the form of automatic toll collection without stopping in exploitation and operation; Preparing for investment and implementation of the Project from 2022, basically completing in 2025 and completing and putting into operation the whole project in 2026.

The resolution determines that the investment in the Bien Hoa - Vung Tau Expressway will promote socio-economic development of the regions through which the expressway passes; to operate synchronously with the North-South Expressway in the East, Long Thanh International Airport, to bring into full play the potential of Cai Mep - Thi Vai Seaport, to meet the transportation demand; creating space and driving force for regional spatial development with a synchronous and modern technical and social infrastructure system, connecting economic centers and seaports; promote regional cooperation and development; contribute to ensuring national defense and security.

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