The investment project to build Ring Road 3-HCMC is one of five projects that will be submitted to the National Assembly for decision on investment policy at the 3rd session, the XV National Assembly.
Currently, the People's Committee of Ho Chi Minh City, the unit assigned to be the investment preparation agency for the Ring Road 3-HCMC project, has submitted a report to the Government about the project's pre-feasibility study report.
Securing capital for the project
The Ring Road 3-HCMC project is one of the most important regional transport projects in the Southern Key Economic Region. During the recent field visit of the delegation of the National Assembly Economic Committee, Chairman of the National Assembly Economic Committee Vu Hong Thanh said that the investment in the Ring Road 3-Ho Chi Minh City project is very necessary and urgent.
On May 20, the People's Committee of Ho Chi Minh City submitted a report to the Government about the pre-feasibility study report on the construction investment project of Ring Road 3-HCMC. Accordingly, the Ring Road 3-Ho Chi Minh City project has a total length of more than 76km, passing through 4 localities including: Dong Nai, Binh Duong, Ho Chi Minh City and Long An. In which, the section passing through Dong Nai Province has a length of more than 11km.
In terms of scale, the project is invested in phase 1 with a scale of 4 limited expressways; parallel roads with 2-3 lanes on each side (discontinuous arrangement); divided into 8 component projects and assigned localities to organize the implementation. Component projects will be implemented and completed synchronously according to the overall progress of the whole project. One-time site clearance according to finishing stage scale. The project will be implemented from 2022 to 2027.
The project will be implemented in the form of public investment with a total preliminary investment of more than VND75 trillion, of which the central budget is VND38.7 trillion and the local budget is more than VND36.6 thousand billion. For the central budget capital, the People's Committee of Ho Chi Minh City also proposes to support 50% of investment capital for component projects in the area of Ho Chi Minh City, Binh Duong, Dong Nai and 75% for the section crossing Long An Province.
For the local budget capital, Chairman of the Ho Chi Minh City People's Committee Phan Van Mai said that all four localities had a resolution of the People's Council approving the allocation of capital for the project. At the same time, the localities also pledged to allocate enough additional capital from the local budget in case the total investment must be increased. In the project's pre-feasibility study report, the People's Committee of Ho Chi Minh City has also proposed a plan to allocate the annual investment capital of the project to both the central budget and the local budget at the request of the National Assembly.
Arrange resettlement for more than 1,400 households
According to Chairman of the National Assembly Economic Committee Vu Hong Thanh, among the 5 expressways projects expected to be submitted to the National Assembly for approval at the 3rd session, the 15th National Assembly, the Ring Road 3-Ho Chi Minh City project is the most complicated project in relocation and resettlement because most of the roads along the route have formed urban areas.
The project will perform one-time site clearance according to the complete cross-sectional scale of 63-120m, the land demand for the project is about more than 643ha. In which, Ho Chi Minh City has more than 408 ha, Dong Nai is about 65 ha; Binh Duong is more than 119ha and Long An is nearly 50ha. According to survey and calculation, the project has 3,863 households affected by compensation, support and resettlement, of which 1,476 households are expected to be resettled (Ho Chi Minh City has 741 households, Dong Nai Province has 100 households, Binh Duong Province has 515 households and Long An Province has 120 households).
According to the People's Committee of Ho Chi Minh City, currently, localities have preliminary plans to organize the implementation of resettlement according to regulations such as: Prepare locations, number of plots, apartments to arrange resettlement to protect the rights of affected people. Particularly in Binh Duong Province, it is expected to apply a monetary support policy so that people can move to new places by themselves. Particularly in Dong Nai Province, households that are eligible for resettlement will be resettled at the Nhon Trach resettlement area project.
Phan Anh
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