|The HCM City People's Committee has asked the Prime Minister to approve a project to build a parallel road linking Mai Chi Tho Street of District 2 and Ring Road 2. — Illustrative Photo Hoang Hai
HCM CITY (VNS) — The HCM City People's Committee has asked the Prime Minister to approve a project to build a parallel road linking Mai Chi Tho Street of District 2 and Ring Road 2.
The city wants the land given to the investor to help shorten the construction time.
City authorities will select the investor who can guarantee investment efficiency and the project's standards.
The parallel road will traverse the Nam Rach Chiec Residential Area and connect Mai Chi Tho Street and An Phu Traffic Spot on Ring Road No 2 along the HCM City-Long Thanh-Dau Giay highway.
District 2 is a new urban area but its facilities have failed to meet development and urbanisation.
Its transport faces difficulties because there are no comprehensive projects to link roads, especially at the An Phu Traffic Spot, which often has traffic jams.
The residential area project Nam Rach Chiec on 90 hectares of land will also be developed.
It is one of the city's important projects offering resettlement for residents living in the Thu Thiem New Urban Area. Other projects in District 2 are also being developed.
The road would link the Nam Rach Chiec Residential Area's facilities with the urban system. As such, it would play a significant role in the economy, and if completed, would serve more than 40,000 people. — VNS