The My Thuy intersection project in Thu Duc City (HCMC) will start construction of phase 3 to complete the 3-storey scale, in a project with an investment capital of 3,450 billion VND.
Today (March 13), Mr. Luong Minh Phuc - Director of the HCM City Traffic Construction Investment Project Management Board (Traffic Board) said that the Board will hold the groundbreaking ceremony for phase 3 of the My Thuy intersection project, Thu Duc City tomorrow morning (March 14).
At this stage, the investor will carry out the construction packages of the overpass on Ring Road 2 - right branch with a scale of 4 lanes, and at the same time build the Ky Ha 3 bridge - right branch with the same scale of 4 lanes. The investment level is 312 billion VND, expected to be completed in April 2026.
My Thuy intersection is an important connection point on the Dong Van Cong - Vo Chi Cong - Nguyen Thi Dinh axis. This is the gateway to Cat Lai port with the largest cargo volume in the country, often seriously congested and a 'black spot' for traffic accidents.
In 2016, Ho Chi Minh City started the My Thuy intersection project with a total investment of 3,450 billion VND, divided into 2 component project packages.
In which, the construction project has a total investment of 1,826 billion VND divided into 3 investment phases (in which the items of phase 3 have a total investment of 312 billion VND).
The compensation, site clearance and resettlement project has a total investment of 1,623 billion VND, invested by the Thu Duc City Construction Investment Project Management Board.
According to Mr. Luong Minh Phuc, up to now, the project has completed a number of items in phase 1 and 2, put into operation from 2019 to 2021 including: Ky Ha 3 Bridge (left branch); left-turn underpass from Ring Road 2 to Cat Lai Port; overpass on Ring Road 2 (left branch); My Thuy 3 Bridge.
From the end of 2023, the unit will also start construction of items such as the left-turn overpass from Cat Lai to Phu My and Ky Ha 4 bridge. However, the project progress is still facing many difficulties due to the incomplete site clearance work.
According to the Traffic Department, the total land area used for the project, compensation, support and resettlement is 16.6 hectares, with 195 households subject to land handover. However, by the end of January 2025, Thu Duc City had only handed over 9/195 cases, affecting the overall progress.
This Committee recommends that the People's Committee of Thu Duc City urgently complete site clearance work, ensuring 100% handover of the site before April 30, 2025 to ensure the progress of completing the entire project in April 2026.
Construction of a 3-level intersection worth over 3,400 billion VND began to clear traffic congestion in the East of Ho Chi Minh City
Current status of construction of the 3,400 billion VND three-level intersection at the gateway to Ho Chi Minh City
Ho Chi Minh City: Speeding up the progress of the My Thuy intersection project to solve the traffic jam 'black spot'
Source: https://vietnamnet.vn/khoi-cong-giai-doan-3-du-an-nut-giao-3-400-ty-dong-o-cua-ngo-tphcm-2380302.html
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