HCMC's Management Board of Traffic Works Construction and Investment reported that so far, localities across the city have provided the investor with about 335 hectares out of the total 410 hectares of land for the project in the city.
Director of the board Luong Minh Phuc said that along with ground clearance, the selection of contractors and consultant agencies is also making progress. The project is expected to open to traffic in late 2025 and fully complete in 2026, he said.
Phuc said that in the time to come, the investor will work with relevant agencies and localities to implement measures to complete the work by December 31.
Ring Road 3 has a total length of about 76 km and total investment of over VND75.3 trillion (US$3.2 billion) crossing HCMC as well as Binh Duong, Dong Nai and Long An provinces.
In HCMC, the 47.51 km section of the project spans Thu Duc City and districts of Hoc Mon, Cu Chi and Binh Chanh.