Ho Chi Minh City: Focus on promoting the implementation of key projects

Belt 3: Accelerate to the finish line early

At the Ring Road 3 project site, the investor said that construction packages are being accelerated. The entire project has reached 52% of the construction volume, with the section through Ho Chi Minh City alone reaching 55%. It is expected that the 21km expressway in Ho Chi Minh City will be officially opened to traffic by the end of this year, 6 months ahead of the original schedule.

The entire project will be completed in 2026. Mr. Vu Hong Thanh - Vice Chairman of the National Assembly highly appreciated the efforts of the City and noted the need to focus on connecting infrastructure, especially with Long Thanh International Airport.

TP.HCM: Tập trung đẩy mạnh triển khai thực hiện các dự án trọng điểm - Ảnh 1. — *Delegation of the National Assembly Economic and Financial Committee*

TP.HCM: Tập trung đẩy mạnh triển khai thực hiện các dự án trọng điểm - Ảnh 2.

TP.HCM: Tập trung đẩy mạnh triển khai thực hiện các dự án trọng điểm - Ảnh 3. — *Key projects of Ho Chi Minh City*

TP.HCM: Tập trung đẩy mạnh triển khai thực hiện các dự án trọng điểm - Ảnh 4. — *Working group to survey progress*

Thu Thiem urban area and urban renovation project

The delegation also surveyed the progress of the Thu Thiem New Urban Area. This area is in the process of adjusting its planning, while compensation, resettlement and investment in technical infrastructure are being actively implemented. The city is also promoting investment projects, including the construction of an international financial center.

Next, the delegation visited the South Bank of the Double Canal project . This is one of the key projects in the Urban Remodeling and Relocation Project on and along the canals of Ho Chi Minh City. According to Mr. Pham Minh Man - Deputy Director of the Ho Chi Minh City Department of Construction, the city is striving to complete the goal of relocating 40,000 houses along the canals from now until 2030. This is a big challenge, because in the previous 40 years, only about 40,000 houses were relocated.

Mr. Vu Hong Thanh - Vice Chairman of the National Assembly acknowledged the city's efforts and emphasized the need to complete the legal basis, create consensus among the people, ensure livelihoods and social security for displaced people. To implement this project, Ho Chi Minh City plans to spend more than 200,000 billion VND, of which District 8 alone, which was selected for the pilot, needs more than 100,000 billion VND to relocate nearly 15,000 houses.

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