Ring 3 is 76 km long, with a total capital of more than VND 75,000 billion, expected to start in June 2023, half a year ahead of the plan, according to leaders of the Department of Transport of Ho Chi Minh City.
Information was stated by Director of the City Department of Transport Tran Quang Lam at the conference on implementing the construction plan of Belt 3 and the preparation of the Ring 4 project, on July 2. Currently, the Belt 3 project has been approved by the National Assembly, and Ho Chi Minh City has been assigned as the focal point to organize the implementation.

Ho Chi Minh City Ring Road 3
Lam said that right after the project was approved by the National Assembly, the city and the provinces of Binh Duong, Dong Nai and Long An - where the Ring Road 3 passes, organized many meetings to soon implement the project. This July, the Government issued a resolution to implement the project. In August, the procedures for approval and handing over the site clearance will begin. From October this year to the end of next year, localities aim to hand over at least 70% of the site to the project, before completing the whole thing by March 2024.
Leaders of the Department of Transport said that recently, Deputy Prime Minister Le Van Thanh directed localities to make efforts to speed up the project implementation. Therefore, according to the new plan, the line will be started in mid-2023, 6 months earlier than previously planned. With this plan, the provinces and cities aim to basically complete the route by October 2025, complete the whole route and operate it a year later.
To speed up the project, localities propose to apply shortened appointment of contractors with two packages of consulting and technical infrastructure relocation. However, according to Ms. Bui Thi Thu Thuy, Deputy Director of the Department of Local and Territorial Economy (Ministry of Planning and Investment), the appointment of contractors is usually done with simple packages with small value, while the Ring Road 3 The scale is large, so localities should consider it because it may be at risk.

Deputy Minister of Transport Le Dinh Tho spoke at the Belt 3 deployment conference, July 2 morning
At the meeting, Deputy Minister of Transport Le Dinh Tho said that ground clearance is the most difficult part of the project, so the four provinces must focus on coordinating the implementation. This is to ensure that at least 70% of the area is handed over when the project starts.
According to Mr. Tho, the plan to basically complete the Belt 3 is only three years, while the workload is high, so the tasks need to be implemented in parallel, dividing specific responsibilities. The route is divided into 8 independent and component projects, so the role of the focal agency in Ho Chi Minh City is very important to synchronize the implementation of the entire route.
Ring 3 of Ho Chi Minh City is the largest regional transport project in the South so far. This is considered a strategic route, in addition to connecting traffic, it also creates an urban and industrial corridor that not only passes through the four provinces and cities, but also affects the southern key economic region.

The Lumiere Boulevard project fully benefits from the Ring 3 infrastructure
Project website: https:// masterisesaigon.com/lumiere-boulevard/