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HCMC Flood Control Project Set for 2026 Completion

HCMC Flood Control Project Set for 2026 Completion

Post by : Shakul

Vietnam's Standing Deputy Prime Minister Pham Gia Tuc has called for urgent action to resolve remaining obstacles affecting the Ho Chi Minh City tidal flood control project. During a meeting with city officials and relevant ministries, he stressed the importance of completing the project and putting it into operation in 2026.

Major Project to Protect Millions

The flood mitigation project is designed to control tidal flooding across approximately 570 square kilometres of Ho Chi Minh City. Once completed, it is expected to benefit around 6.5 million residents through a network of tidal gates and embankments constructed along the Saigon River.

Construction Nears Final Stage

According to city authorities, the investor, Trung Nam Group, has completed more than 93 percent of the project's construction work. Structural works have largely been finished, while mechanical systems, control equipment, landscaping and supporting infrastructure are currently being finalized.

Payment Dispute Delays Progress

Officials noted that disagreements over payment methods and difficulties in securing financing have slowed the final stages of the project. These issues have raised concerns about meeting the planned completion deadline despite substantial progress on construction.

Ministries Confirm Legal Basis

Representatives from several ministries and government agencies agreed that there is sufficient legal basis for payments under the Build-Transfer contract. Authorities emphasized the need for both the city government and the investor to finalize a payment mechanism that complies with legal regulations and contractual commitments.

Investor Commits to Quick Completion

The project's investor stated that once payment-related issues are resolved, the remaining work can be completed and the system can become operational within 60 days. The company also announced an extended construction warranty period of three years.

Government Demands 2026 Deadline

Concluding the meeting, Deputy Prime Minister Pham Gia Tuc reiterated that the project must be completed in 2026 in line with directives from Vietnam's leadership. He instructed the Ho Chi Minh City People's Committee to proactively finalize the payment plan and ensure that no further delays hinder the project's completion.

June 23, 2026 6:04 p.m. 261

#Infrastructure #World Breaking News #Vietnam #Government

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