Regarding the progress of the Ho Chi Minh City Ring Road 4 project passing through Binh Duong, according to the People's Committee of Binh Duong province, up to now the project has been approved to install stakes to clear the entire 47.5km route.
Currently, Binh Duong Traffic Project Management Board is coordinating with investors to propose to receive site clearance piles in the field. At the same time, the project was announced and the feasibility study minutes of the site clearance project were prepared.
Binh Duong Department of Transport also coordinated and provided data and site clearance records to calculate the area of each type of land and site clearance costs of the project.
For construction projects, investors have been surveyed and approved the form of contractor selection through open bidding throughout the country. In addition, the appraisal of the basic design by a specialized construction agency has been completed.
Regarding project appraisal, the Appraisal Council held three meetings. The Department of Planning and Investment is presiding and coordinating with relevant units to advise the Provincial People's Committee to submit to the Provincial People's Council to adjust the Resolution of the Provincial People's Council on the investment policy of Ho Chi Minh City Ring Road 4 project passing through Binh Duong province.
It is known that the Ho Chi Minh City Ring Road 4 project has a total length of more than 200km, passing through Ho Chi Minh City, Binh Duong, Dong Nai, Long An, Ba Ria - Vung Tau with a total investment of more than 100,000 billion VND.
The 47.5km long Ring Road 4 project through Binh Duong is invested in the public-private partnership (PPP) method, a BOT contract type with a total phase 1 investment of about 18,247.8 billion VND.
According to the design, an expressway will be built with a speed of 100km/h and is a class I traffic project. According to calculations, the land use demand is about 419.6 hectares, of which the main route is 413.4 hectares, connecting routes 6. ,2 hectares. Binh Duong province has added 2 rest stops (one stop in each direction, 5 hectares of land clearance) to the project.
