According to the Ho Chi Minh City Department of Transportation, the Southern Key Economic Region is the most dynamic economic region in the country, with the main economic role accounting for 45.4% of the country’s GDP. This is the only area that currently converges all the conditions and advantages to develop industry and services, lead industrialization and modernization; It is a hub for trade and services of regional and international stature, especially tourism, financial services, banking, telecommunications, port services …
Despite its location and great potential and advantages, in recent years, the southern key economic region has revealed many shortcomings and limitations, such as a slow growth trend, asynchronous infrastructure. and slow to improve, especially transportation infrastructure; lack of regional connectivity and the quality of urban development remains low.
To take full advantage of the region’s socio-economic development strengths, in the period 2021-2025, it is necessary to prioritize investment to complete a number of important interregional traffic routes such as Ring Road 3 and Ring Road. 4; HCMC – Long Thanh – Dau Giay highway expansion; The driving force connecting HCMC – Long An – Tien Giang; Soai Rap Channel Dredging … However, until now, all the projects have been delayed and delayed due to many problems.
Recently, the People’s Committee of Ho Chi Minh City and other provinces in the southern key economic region include: Dong Nai province, Binh Duong province, Long An province, Tay Ninh province, Ba Ria – Vung Tau province, Binh Phuoc province. Numerous documents to propose to the Central Government to consider and invest in the improvement of the transport infrastructure for the socio-economic development of the region. Particularly for Ring Road 3 and Ring 4, the Prime Minister has agreed on the policy of a major national project, its completion in the 2021-2025 period should be prioritized.
In order to quickly eliminate difficulties and problems, help speed up the implementation of projects, the Ho Chi Minh City Department of Transportation proposes to the Minister of Transportation to organize a meeting with relevant local ministries soon. To quickly eliminate difficulties, propose competent authorities to consider and guide the balance of sources of capital to implement projects.