Binh Duong to pour capital into construction project of Ring Belt No.3

The People’s Council of the Southeastern province of Binh Duong pledged to provide a state budget of 50 percent of the total investment capital to implement the construction project of a section running through the province of the Ring Belt No.3.
Binh Duong to pour capital into construction project of Ring Belt No.3 ảnh 1 Map of the Belt Road No.3
The road is 76.34 kilometers long, including the 10.76-kilometer section running through Binh Duong Province, and passes HCMC and the provinces of Dong Nai and Long An.
The project requires a total investment of nearly VND75.4 trillion VND (US$3.3 billion) which will be sourced from central and local budgets, including over US$24 trillion (US$1 billion) from HCMC’s budget.
The Ring Road No. 3 project is expected to be kicked off in 2022 and completed in 2027, aiming at helping ease traffic jams in HCMC and connect with the southern key economic zone.

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