A map shows the direction of Ring Road No. 3. — Photo:saigontimes.vn

HCM CITY — The construction of Ring Road 3 project is slated to start today after HCM City handed over more than 81 per cent of the land needed for the section of the project that crosses the city.

According to the report of HCM City's Management Board of Traffic Works Construction and Investment, 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 Lương Minh Phúc said that along with ground clearance, the selection of contractors and consultant agencies was also making progress.

The project is expected to open to traffic in late 2025 and fully complete in 2026.

Ring Road 3 running 90 km and costing more than VNĐ75.3 trillion (US$3.2 billion) will cross HCM City as well as Bình Dương, Đồng Nai and Long An provinces.

It will have six lanes designed for speeds of 80-100km per hour for commuting and two lanes for emergency stops.

The first phase will stretch 76 km long with four lanes and each locality are in charge of clearing the site and building the section in their territory.

An overpass will be built to link the ring road with HCMC – Long Thành – Dầu Giây Expressway, which links Đồng Nai and HCM City and connects with Dầu Giây – Phan Thiết Expressway running from Đồng Nai to the beach city of Phan Thiết.

The project will also link with four other expressways including HCM City– Trung Lương that connects HCMC with the Mekong Delta; Bến Lức – Long Thành; HCM City – Mộc Bài, connecting the city with Cambodian border; and HCM City – Chơn Thành linking HCM City and Bình Dương.

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.

Last year, the Government approved investment to restart construction on the Ring Road 3 project after prolonged delays. — VNS