The Ring Road No.3 across Mai Dich- South Thang Long is one of 52 key priority construction projects of Hanoi in the period of 2016- 2020. It is one of urgent works contributing to reducing traffic congestion in the capital city, approved by the Prime Minister to apply a specific mechanism for contract.
The 5.5- kilometer project crosses Mai Dich Crossroad to Thang Long Bridge with the total investment capital of VND 3,113 billion (US$ 134.1 million) including VND 1,824 billion (US$ 78.6 million) for site clearance.
After this route was built, the traffic congestion at intersections of Nguyen Hoang Ton, Co Nhue and Hoang Quoc Viet has promptly reduced.
