Thang Long Project Management Board, under Ministry of Transportation plans to officially start the phase 2 of Ring road 3 –Hanoi construction project at the end of this year.
The total investment for the project's phase 2 is estimated at 5.547 trillion dong, in which construction work counts for 3.752 trillion dong and 1.222 trillion dong as standby fund. The project's capital mainly comes from ODA loans offered by Japan Bank for International Cooperation (Jbic) and domestic corresponding capital sources.
The total length of the ring road is over 8.9 kilometres, starting from Km 19+620 (behind Mai Dich Crossover) to end at Km28+532 (in the northern Linh Dam Lake) including 385 metres of road and 8,527 metres of viaduct.
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