Cost
$2.9b
$2,900,000,000
Phases
underConstruction, 2026
Objective
The project aims to contribute to the socioeconomic development of the Southern Economic Region, exploiting the economic development of and attracting investment and tourism to HCMC, and to reduce the pressure on and congestion of Highway 1 Description
The third ring road, to be constructed at a radius of 25 kilometers from the city center, will facilitate the diversion of through traffic and reduce traffic congestion in the city. Finance
$299100000 loan
Asian Development Bank
Bank
$136500000 investment
Government of Viet Nam
Government