Capital support from State budget sought for HCMC’s Ring Road 3

Ring Road No. 3 in Ho Chi Minh City stretches more than 90 km and passes through four localities: Ho Chi Minh City and Binh Duong, Dong Nai, and Long An provinces, with total investment of nearly VND178 trillion ($7.81 billion). As it is difficult to attract investors due to the long return on investment period, the four localities have asked that the government provide about VND83.29 trillion ($3.66 billion) in capital support.