The Ho Chi Minh City Department of Natural Resources and Environment yesterday signed a competition agreement with the People’s Committees of Thu Duc City and the districts of Cu Chi, Hoc Mon, Binh Chanh to complete the tasks of land retrieval, land compensation, support and resettlement for the section passing HCMC of Ring Road No.3.
The Prime Minister yesterday requested the formation and implementation of the project ‘Building at least 1 million Social Houses for the Low-Income, Workers in Industrial Parks from 2021-2030’, specially to boost the development of social housing.
During the 2nd week of the 3rd session, the National Assembly is going to discuss investments into Ring Road No.3 in Ho Chi Minh City, a major construction project not only to the city but also to the Southern key economic zone. SGGP News has conducted an interview with Chairwoman of HCMC People’s Council Nguyen Thi Le about this matter.
The central province of Khanh Hoa lately has discovered several illegitimate handovers of state-managed land in build-transfer (BT) projects. Many prime locations in the province have been turned to private under those shady transfers.
As planned, Ho Chi Minh City will establish 4 ring roads to ease traffic volume into the city and connect to neighboring provinces more conveniently. Sadly, until now, none of them has been fully finished, severely harming economic activities of the city.