The two local authorities agreed to clear land at the intersection of Ring Road No. 3 and No. 4 to build parking lots, shopping malls and service facilities, HCMC People's Committee said. Compensation will be paid to affected residents.
Vice Chairman of the People's Committee Vo Van Hoan assigned the city’s Department of Planning and Investment and Department of Natural Resources and Environment to work with other agencies to submit a plan on the construction of these facilities by today. He also asked them to organise bidding to choose investors.
Implemented under a public-private partnership format, the expressway will connect the city with Moc Bai international border gate in Tay Ninh province.
The expressway will run from Ring Road No 3 in HCMC’s Hoc Mon district to Moc Bai, an international border gate between Vietnam and Cambodia in Southern province of Tay Ninh.
The first phase will involve the construction of two separate sections of the expressway. It will be a 33km section from HCM City to Tay Ninh province’s Trang Bang district, which will have four lanes, with a maximum speed of 120km per hour for vehicles. The second section from Trang Bang to Moc Bai will be 20.5km long and have four lanes with a designed speed of 80km per hour.
After finishing the two sections, the investor will implement the second phase of construction, expanding the expressway from six to eight lanes.
Once completed, HCMC – Moc Bai expressway project is expected to meet the transport demand of the region and fit with the national highway network plan.
