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The project to upgrade transport infrastructure in the Hang Xanh – Bình Triệu area has been assigned by the Ho Chi Minh City People’s Committee to a consortium of companies to conduct a study under a public-private partnership (PPP) framework. The city tasked the joint venture of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), the PPP joint venture CII and IMIC to research and prepare a proposal for renovating the Hang Xanh – Bình Triệu traffic infrastructure in Thạnh Mỹ Tây ward under PPP.
The pre-feasibility study report is required to be completed within three months for submission to the competent authorities. The investor consortium will arrange and secure funding for the study and preparation of the pre-feasibility report, and the city stated that no state budget will be used for this phase.
Ho Chi Minh City directed the Finance Department to take responsibility for the accuracy and legal basis of documents submitted for approval, ensuring compliance with current regulations. The city also noted that appointing the investor consortium to study and prepare project documents does not automatically designate the consortium as the eventual investor.
After the project receives the appropriate investment policy decision, the city will announce the project and approve the pre-feasibility study report. It will then organize a competitive bidding process to select the investor to implement the project in accordance with regulations. Separately, the city instructed relevant departments to pause certain ongoing assessments for other road projects, including Xô Viết Nghệ Tĩnh and Đinh Bộ Lĩnh, pending further decisions.
The project is described as part of a major investment push aimed at easing congestion in Hang Xanh, with earlier references to spending in the tens of billions of USD. In early 2025, CII proposed a PPP BT project combined with TOD-style urban development for the Hang Xanh intersection area covering more than 51 hectares.
The proposed program includes a coordinated package of multi-tier transport infrastructure and land clearance funding, targeting congestion and flooding issues in Hang Xanh. The estimated total investment is about 216,000 billion VND (over $8.5 billion).
In January 2026, CII announced TOD development ideas for the Hang Xanh area covering about 51.4 hectares, with a preliminary investment of around 486,622 billion VND (over $18.5 billion). Compared with the initial proposal, this represents more than a 2.25x increase in capital.
CII said a core element is investment in a coordinated system of multi-layer transport infrastructure together with land clearance funding. The company expects the project to address traffic congestion and flooding in Hang Xanh while redeveloping the district under TOD, using mass transit as a spine to optimize land use and urban space utilization.
In April 2026, CII, acting as representative of the investor consortium, proposed to the Ho Chi Minh City People’s Committee to establish a BT project for Hang Xanh – Bình Triệu congestion relief under a BOT/BTO approach with TOD.
The proposed scope covers nearly 27 hectares from the Hang Xanh intersection to Bình Triệu Bridge. It focuses on upgrading the Đinh Bộ Lĩnh – Xô Viết Nghệ Tĩnh corridors and the Quốc lộ 13 segment, including road widening and elevated alignment to separate fast-moving traffic.
The initial investment is estimated at around 10,000 billion VND. Under the proposal, the investor would arrange capital for infrastructure and resettlement areas, while the government budget would cover land clearance costs. The proposal outlines four main components, including upgrades to the Đinh Bộ Lĩnh, Xô Viết Nghệ Tĩnh, and Quốc lộ 13 corridors through enlarging existing roadways and constructing elevated lanes to form high-speed lanes for trunk highway traffic.
The interchange at Hang Xanh would be upgraded into a multi-level, multi-tier interchange designed to separate cross-regional and urban traffic and maintain continuous flow for inter-regional vehicles.
The broader package includes building a new transport system and an elevated road from Bình Triệu Bridge to Hang Xanh, expanding the Ung Văn Khiêm and Xô Viết Nghệ Tĩnh corridors, and reorganizing the Hang Xanh interchange, among other aligned infrastructure.
Investors emphasized that the project aims to optimize traffic by separating regional trunk traffic from urban traffic, expanding capacity, reducing conflicts, improving safety, and eliminating traffic hotspots, particularly in Hang Xanh.
Hang Xanh is described as a prime TOD opportunity. The intersection area extends to Bình Triệu Bridge, a high-traffic node. Four main roads—Điện Biên Phủ, Nguyễn Xí, Đinh Bộ Lĩnh, and Xô Viết Nghệ Tĩnh—are described as consistently congested. The city is considering widening Đinh Bộ Lĩnh and Xô Viết Nghệ Tĩnh and preparing for the expansion of Quốc lộ 13.
The area is also planned to host two Metro lines (3A and 5) and other public transport links.
In shareholder discussions on 28 April 2026, Lê Quốc Bình, a CII board member and CEO, said CII had not yet been designated as the investor, but research work would proceed regardless. He indicated that, to realize the TOD model, CII proposed a holistic package including a new transport system and elevated corridors from Bình Triệu to Hang Xanh, expansion of Ung Văn Khiêm and Xô Viết Nghệ Tĩnh, and reorganization of the Hang Xanh interchange.
Bình said the TOD area’s proximity to the city center, its role as an interchange for Metro lines 3 and 5, and convenient links to Tân Sơn Nhất and Long Thành airports make it an ideal TOD site. He also stated that, if conditions permit, the project could proceed as early as 2026.
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