Ho Chi Minh City Ring Road 3: Boost for Industrial Parks Manufacturing

The Ring Road 3: A Boost for Industrial Parks and Manufacturing Investment

Ho Chi Minh City's Ring Road 3 – a strategic transport route connecting Ho Chi Minh (HCMC), Binh Duong, Dong Nai, and Ba Ria - Vung Tau – is entering an accelerated construction phase. The project not only helps reduce urban traffic congestion but also opens up strong development opportunities for industrial real estate, manufacturing investment, and factory rentals in key southern regions.

1. Latest Ring Road 3 Construction Progress (October 2025)

As of October 2025, the over 90km-long Ring Road 3 project has made significant strides.

The My Phuoc - Tan Van section (15.3 km) and the DT.25B (Dong Nai) - Ho Chi Minh City - Long Thanh - Dau Giay Expressway section (including Nhon Trach Bridge) were completed and opened to traffic in August 2025.

The remaining 76+ km, with a total investment of nearly 75.4 trillion VND, is being simultaneously implemented with 4 expressway lanes and parallel frontage roads.

According to a report from the Dong Nai People's Committee (Dispatch 7392/UBND-KTN), the progress of the 3 main bidding packages has reached 47% of the contract value, which is 4.4% behind schedule. The locality is implementing a "140-day and night campaign" to ensure the technical opening is completed on time.

Additionally:

• The relocation of 8 high-voltage power pole locations is expected to be completed within October 2025.

• Asphalt paving, culvert transitions, and manhole items are being expedited to ensure traffic safety and technical connectivity.

2. Interlinked Infrastructure – A Driver for Industrial Parks and Logistics

Ring Road 3 is considered the "golden link" in the transport network connecting HCMC with key industrial parks in Binh Duong, Dong Nai, Long An, and Ba Ria - Vung Tau. This route shortens transport time between production centers and seaports, especially the Cai Mep - Thi Vai complex.

According to Supply Source experts, once the infrastructure is complete:

• Rental prices for factories and industrial land around Nhon Trach, Long Thanh, and Di An could increase by 8–12%.

• FDI enterprises in mechanics, electronics, and logistics are strongly shifting to industrial parks along the route.

• Green production systems and smart logistics will be the dominant trends in the 2026–2030 period.

3. Investment Outlook and Construction Requirements

According to Resolution 105/NQ-CP (2022), the entire Ring Road 3 project is planned for completion in 2026, divided into 8 phases from feasibility study approval and land clearance to construction.

Construction work is required to strictly comply with the 2014 Construction Law:

• Ensuring structural integrity, fire prevention, and environmental protection.

• Controlling the quality of materials, technical standards, and acceptance processes.

• Contractors must have sufficient capacity to execute national-level projects and experience in large transport infrastructure.

4. Impact on the Industrial Real Estate Market

When Ring Road 3 is completed, the eastern and southern areas of Ho Chi Minh City will become Vietnam's new logistics-industrial manufacturing belt.

• Manufacturing enterprises will benefit greatly from reduced transport costs and warehousing time.

• Investors renting factories in areas like Long Thanh, Nhon Trach, and Bau Bang will have more options for seamless infrastructure connectivity.

• Many new industrial parks are being planned for expansion, creating sustainable growth momentum for the entire region.

5. Conclusion

The Ring Road 3 project is not just a key transport route but also a "strategic push" for the development of industrial parks and manufacturing investment in the South. When completed, this route will help Ho Chi Minh City – Binh Duong – Dong Nai – Ba Ria Vung Tau become an integrated industrial-logistics region, driving sustainable growth for the 2026–2030 period.

Source: Thu Vien Nha Dat