Accordingly, the authorities of Ho Chi Minh City have decided to invest in 15.3km of My Phuoc Tan Van road, which coincides with the Ho Chi Minh City Ring Road 3 project.
This section of the road starts from the intersection with DT 743A road (Thuy Chau tourist area section) to Binh Chuan intersection.
The road was built by the Industrial Investment and Development Corporation - JSC (Becamex IDC) with 6 lanes and put into use since 2015. Currently, this road section often experiences traffic congestion due to the large volume of freight and passenger vehicles pouring here.
Local authorities decided to deploy investment in 6 intersections in the 15.3km section. This plan aims to ensure smooth traffic on My Phuoc Tan Van route.
Investors will build new underpasses (or overpasses) on main routes or level crossings. cross-section width ranges from 2 to 4 lanes. In addition, invest in other auxiliary construction items. At the same time, site clearance for the intersection area ensures the planned road boundary of My Phuoc Tan Van road and the access roads on both sides, sidewalks according to regulations.
In the form of BOT investment, the project will be built in 2025 and completed in 2026 to promptly connect with Ho Chi Minh City Ring Road 3 when put into operation.
Currently, the Traffic Construction Investment Project Management Board is investing in 4 construction packages of the Ho Chi Minh City Ring Road 3 project with a total length of about 11km, including: Tan Van intersection, Binh Chuan intersection, the road section from Binh Chuan intersection to Saigon River and Binh Goi bridge across Saigon River. The projects are being accelerated to be completed and put into operation in 2026.
