This morning (October 1), Deputy Prime Minister Tran Hong Ha held an online meeting with relevant ministries, branches and localities on the implementation of the investment project to build Ho Chi Minh City's Ring Road 4.
It is expected that the total length of the entire Ho Chi Minh City Ring Road 4 route is about 206.72km, of which Ba Ria - Vung Tau is 18.23km, Binh Duong is 47.95km, Ho Chi Minh City is 16.7km, and Long An is 78.3km.
Phase 1 will carry out site clearance once according to the approved plan (74.5m); 4 complete expressway lanes; 21 interconnecting intersections; construction of parallel roads and residential roads on both sides of the route according to traffic needs of each section and each locality.
At the meeting, Deputy Minister of Planning and Investment Tran Quoc Phuong said that in August 2023, the Prime Minister assigned the Ho Chi Minh City People's Committee to be the focal agency to synthesize the implementation of the construction of Ho Chi Minh City Ring Road 4. This is a very large-scale project, implemented under the public-private partnership (PPP) method.
The Ministry of Planning and Investment has worked with localities where Ho Chi Minh City's Ring Road 4 passes through, and proposed combining component projects through 5 localities into 1 overall project.
The Prime Minister will assign an agency to research a comprehensive pre-feasibility report and submit it to the National Assembly for approval of the project's investment policy.
At the same time, propose specific policies to be included in the resolution approving the investment policy of the National Assembly, such as: Using this local budget to support another locality, or performing expenditure tasks from the central budget; the proportion of State capital participating in the project; local adjustment of planning; designation of contractors for a number of packages on technical consultancy, relocation of technical infrastructure, compensation, resettlement, etc.
Deputy Minister of Transport Le Anh Tuan said that the Ministry has agreed with localities on the scale, investment phases, technical standards and related items.
Concluding the meeting, Deputy Prime Minister Tran Hong Ha requested the Ministry of Transport to coordinate with localities to unify and issue a document recommending the Prime Minister to assign the Ho Chi Minh City People's Committee to be the competent authority to prepare a pre-feasibility study report for the overall project; propose specific mechanisms and policies in the draft resolution approving the investment policy of the National Assembly.
Ho Chi Minh City urgently coordinates with localities to complete the pre-feasibility study report on the investment project to build Ho Chi Minh City Ring Road 4 under the public-private partnership (PPP) form, and submit the dossier to the State Appraisal Council in November 2024.
Localities continue to prepare investment steps as soon as possible, including plans to balance local budgets for the project.