MAJOR INFRASTRUCTURE PROJECTS SET TO TRANSFORM HO CHI MINH CITY AND THE SOUTHEAST REGION
The Vietnamese government has recently prioritized two significant infrastructure projects: the Ring Road 4 Construction Project in Ho Chi Minh City and the Expansion Project of the Ho Chi Minh City-Long Thanh section of the Ho Chi Minh City-Long Thanh-Dau Giay Expressway. These projects will greatly reinvigorate the economic growth and transportation connectivity of the Southeast region.
The Ring Road 4 project in Ho Chi Minh City is a cornerstone of this development strategy. The Ministry of Transport and local authorities have collaboratively defined the scope of the initial investment phase, which includes comprehensive plans for substantial construction work. Higher authorities have received a proposal to accelerate the project’s advancement by implementing a resolution that outlines precise mechanisms and policies. This initiative seeks to guarantee a seamless presentation of the project to the National Assembly, emphasizing its vital significance at both local and national levels.
At the same time, the Vietnam Expressway Corporation (VEC) has been actively conducting research and presenting different options for upgrading and expanding the Ho Chi Minh City-Long Thanh section of the expressway. The provincial People’s Committee has advocated for an expansion to 10 lanes, a strategic lift poised to alleviate congestion and enhance traffic flow. This expansion represents more than just a simple infrastructural improvement; it is a substantial move towards achieving the region’s broader economic and developmental goals.
After almost a year of construction, the passenger terminal showcases a stylized lotus flower design, representing the harmonious blend of cultural heritage and modern advancement. The initial stage involves the development of a single runway and passenger terminal, along with supporting infrastructure to accommodate 25 million passengers and 1.2 million tons of cargo each year. The project’s second phase focuses on adding another runway and passenger terminal, effectively doubling the airport’s capacity to handle up to 50 million passengers annually. In the end, the third phase will complete all the remaining components, targeting a remarkable capacity of 100 million passengers and 5 million tons of cargo every year. This tactical approach to development ensures that the airport can progressively meet growing demand while making a robust contribution to the region’s economic vitality.
Dong Nai Province is witnessing an infrastructure boom, with numerous projects scheduled for completion between 2024 and 2026. This surge in development has energized the local real estate market, eagerly anticipating the completion of the Ben Luc-Long Thanh Expressway by 2025. The districts of Long Thanh and Nhon Trach are expected to experience a substantial economic boost from this expressway, as it will enhance connectivity and attract fundamental investment to these burgeoning areas.
Early 2024 marks the launch of three major transportation infrastructure projects in Dong Nai, which are totaling over 2,000 billion VND in investment. These include upgrades to the 25B Road, advancements to the first phase of the 25C Road, and the extension of Le Hong Phong Road. The essential design of these developments focuses on improving connectivity to Long Thanh Airport, Ring Road 3 in Ho Chi Minh City, and the Phuoc An Port. According to leaders in Nhon Trach district, the completion of these projects will greatly strengthen access to major transport routes, fostering closer integration of the local economy with regional and national networks.
