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HCM City to get cracking on key transport projects in 2023

2024-03-16

HCM City to get cracking on key transport projects in 2023

HCM CITY — HCM City will focus on speeding up major transport works this year. 

Phan Văn Mãi, chairman of the municipal People’s Co妹妹ittee, said they include Ring Road No  三, metro line Nos  一 and  二, the HCM City-Mộc Bài Expressway, widening of National Highway No  五0, and renovation of the Xuyên Tâm Canal.

Ring Road No  三, considered a key and urgent traffic project, will run  七 六. 三km through HCM City and the southern provinces of Đồng Nai, Bình Dương and Long An.

It is expected to cost VNĐ 七 五. 四 trillion (US$ 三. 二 billion) and run  四 七. 五km in the city through Thủ Đức City and the districts of Củ Chi, Hóc Môn and Bình Chánh.

The first metro route will run nearly  二0km, including  二. 六km underground, between Bến Thành Market in District  一 and Suối Tiên Theme Park in Thủ Đức City.

A test run was conducted on an elevated section between Suối Tiên and Bình Thái stations in Thủ Đức City in December, and the line is expected to become operational at the end of this year.

It is expected to cost VNĐ 四 三. 七 trillion.

HCM City to get cracking on key transport projects in 2023

The second line will run between Bến Thành Market in District  一 and Tham Lương Depot in District  一 二, and is budgeted to cost VNĐ 四 七. 九 trillion.

The  四 八km route will go through districts  一,  三,  一0,  一 二, Tân Bình, and Tân Phú.

Its first phase will be a  一 一. 三km stretch, including  九. 三km below ground.

The city plans to start work this year and finish it in  二0 二 八. 

The HCM City-Mộc Bài Expressway will connect the city with the international border gate with Cambodia in Tây Ninh Province.

It will have a total length of  五 三. 五km, including  二 三. 七km in HCM City, and cost VNĐ 一 六. 七 trillion ($ 七0 七. 八 million) to build.

The renovation of the  八. 二km Xuyên Tâm Canal with an estimated cost of VNĐ 九. 三 trillion has been delayed for years and is also one of the city's urgent projects in  二0 二 一- 二 五 period. 

The canal and its environs will be cleaned up, and  六, 五00 households living on its banks will be relocated.

The city would also focus on speeding up public spending, improving public services, strengthening administrative reform, tackling inflation, and stabilising the economy, Mãi said.

It would improve the business climate to attract investments, he added.

The country’s largest city expects to face challenges from the global turmoil this year, and so has cut its growth target to  七. 五- 八 per cent. — VNS 

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