Ho Chi Minh City Third Ring Road Technical Assistance Project

A well-defined financing approach with clear financial resource based on the requirements at the initial phase of project preparation enhances project’s quality-at-entry. Setting up dedicated financing for feasibility studies and advisory support for infrastructure projects support process development and respond to preparatory and capacity gaps in developing infrastructure projects. The MOT withheld approval of the RR3 section 4 design since its financing source had not been confirmed resulting in the non-implementation of the detailed engineering design phase.