On December 9, at the 6th session of the 10th term of the Ho Chi Minh City People's Council, the Ho Chi Minh City People's Committee submitted a document to adjust the investment policy for the project to build, renovate and expand Ton That Thuyet Street and a green park along the Kenh Te bank.
Ton That Thuyet Street (from Road No. 1 to Truong Dinh Hoi Street) is more than 3.4 km long and will be expanded from 7 m (2 lanes) to 27 m, accommodating 6 lanes.
The project also includes the construction of a new bridge across Nguyen Kieu Canal (27 m wide); the construction of a system of embankment protection on Kenh Te and Nguyen Kieu Canal banks; the arrangement of boat mooring stations to serve inland waterway traffic; the construction of planned route No. 1 with a length of 185 m and a width of 28 m.
A green park is built along the banks of the Kenh Te. Renovate and expand Nguyen Kieu Bridge to 25 m, accommodating 6 lanes.
The total investment is more than VND 5,554 billion, of which compensation, site clearance and resettlement costs account for more than VND 3,600 billion.
The project requires land acquisition for 598 households, including 461 households that have been cleared and 137 households that have been partially cleared.
In Khanh Hoi ward, there are about 28 households; in Xom Chieu ward, there are about 126 households (100 households cleared, 26 households partially cleared); in Vinh Hoi ward, there are about 444 households (333 households cleared, 111 households partially cleared).
According to the plan, after the Ho Chi Minh City People's Council approved the investment policy, the project will be implemented in the 2026 - 2028 period.
From the first quarter - fourth quarter of 2026: Local adjustment of the 1/2000 zoning plan, completion of appraisal - approval of the project and construction drawing design, and implementation of compensation and site clearance.
Quarter I - Quarter III: Complete compensation, site clearance, select contractors and start construction.
Quarter IV/2027 - Quarter IV/2028: Construction, completion, acceptance and putting the project into use.
The project to renovate and expand Ton That Thuyet Street was approved by the Ho Chi Minh City People's Council in 2016, with a total estimated capital of 737.5 billion VND; of which the cost of site clearance separated into separate projects is about 1,466 billion VND.
However, due to many problems, the project has not been able to be implemented yet.
The project put into operation will synchronously connect with the Nguyen Khoi bridge project that Ho Chi Minh City is implementing, contributing to urban beautification, increasing traffic capacity and reducing congestion in the directions from the South to the city center.
