The People's Committee of Binh Duong province has approved the results of selecting investors to implement the Ho Chi Minh City Ring Road 4 Construction Investment Project.
According to the decision, the winning investor of the project is the consortium of Industrial Investment and Development Corporation - JSC (Becamex IDC), Technical Infrastructure Development Joint Stock Company (Becamex IJC) - Deo Ca Group Joint Stock Company.
The investment project to build Ho Chi Minh City Ring Road 4, Thu Bien Bridge - Saigon River section (phase 1) passes through Tan Uyen city, Ben Cat city, Bac Tan Uyen district, Binh Duong province.
The project is implemented under the form of Construction - Business - Transfer (BOT), with a total investment of VND 11,743 billion. The capital is mobilized from equity, loans and other legally mobilized capital. The preparation period for started construction and construction is 26 months from the effective date of the project contract.
The investment scale of phase 1 includes 4 lanes and a continuous emergency lane, designed speed of 100km/h. The project is invested to facilitate regional connectivity and improve the efficiency of exploitation of expressways, national highways... connecting traffic between Long Thanh International Port and provinces and cities in the key economic region of the South.
