The six-lane road would be 4.3 kilometres long and run parallel with Cong Hoa Street, extending from Tran Quoc Hoan Street and connecting to Cong Hoa Street at a section near Truong Chinh Street.
The road, to be built mostly on military land, is expected to cost more than 1.4 trillion VND (61.74 million USD).
The city’s Urban Traffic Management Unit No 1 is working closely with agencies under the Ministry of Defence on the design of the project.
In addition, a new airport terminal with a capacity of 10 million passengers a year will be built on Hoang Hoa Tham Street in Tan Binh district to ease traffic at and around the country’s busiest airport.
The road will act as an extra access road to the airport terminal, helping to ease traffic congestion on Cong Hoa Street and the Lang Cha Ca roundabout.
The city’s Department of Transport has been working on five projects with a total investment of 1.8 trillion VND (79.38 million USD) to reduce traffic jams around the airport area