Also attending the groundbreaking ceremony was former President Nguyen Minh Triet. On the side of Binh Duong province, there were Mr. Vo Van Minh - Deputy Secretary of Binh Duong Provincial Party Committee, Chairman of Binh Duong Provincial People's Committee, and leaders of departments and branches.
The groundbreaking ceremony took place at the intersection between My Phuoc Tan Van road and Ho Chi Minh City Ring Road 4 in Thoi Hoa ward, Ben Cat city, Binh Duong province.
At the ceremony, Central Party Committee member, Deputy Prime Minister Mai Van Chinh said that Ho Chi Minh City Ring Road 4 passes through 4 provinces and cities; the project is of great significance in socio-economic development. The route creates regional linkages and industrial development between localities. The Deputy Prime Minister requested the provinces to urgently carry out investment procedures and start projects.
For Binh Duong province alone, the project is eligible to start construction. The Deputy Prime Minister praised Binh Duong province for reducing procedures and shortening the investment implementation time.
The Deputy Prime Minister suggested that the People's Committee of Binh Duong province focus on directing contractors to ensure progress, quality and safety of the project; Mobilizing machinery forces to speed up construction progress. Requesting ministries, branches and localities to remove difficulties to speed up the project's progress. At the same time, pay attention to resettlement work when clearing land...
According to the People's Committee of Binh Duong province, the investment project to build Ho Chi Minh City Ring Road 4, the Thu Bien - Saigon River bridge section (phase 1) passes through Tan Uyen city, Ben Cat city, Bac Tan Uyen district in 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, etc., connecting traffic between Long Thanh International Port and provinces and cities in the key economic region of the South.
The People's Committee of Binh Duong province has approved the results of selecting investors to implement the project, namely the Joint Venture of Industrial Investment and Development Corporation - JSC (Becamex IDC), Technical Infrastructure Development Joint Stock Company (Becamex IJC) - Deo Ca Group Joint Stock Company.
The route is more than 200 km long
The Ho Chi Minh City Ring Road 4 project has a total length of more than 200 km, passing through Ho Chi Minh City, Binh Duong, Dong Nai, Long An and Ba Ria - Vung Tau. Of which, the section through Long An has the largest length of more than 74.5 km, Dong Nai 46 km, Ba Ria - Vung Tau 18.2 km and Ho Chi Minh City 20.5 km. The section passing through Binh Duong is 47.9 km. The project has a total investment of more than 120,412 billion VND in phase 1.
