
The HCMC People’s Council has passed a resolution to develop the Ring Road No. 3 project as proposed by the municipal government with an estimated cost of over VND75 trillion, including VND24 trillion to be sourced from HCMC’s budget.
At the fifth sitting of the council on April 7, council members agreed to allocate capital from the city’s budget for the project. If the cost for the project’s auxiliary components in the city rises, the overruns will be sourced from the city’s budget, the local media reported.