The Ho Chi Minh City Ring Road 4 project is about 159 km long, divided into 10 component projects, with a preliminary total investment of about 120,413 billion VND.
Of which, about VND 29,688 billion is from the central budget; about VND 40,093 billion is from local budget capital; capital mobilized by investors is about VND 50,632 billion.
The goal of the project is to build a strategic traffic axis connecting the Southeast region with the Southwest and Central Highlands, promoting the circulation of goods from industrial parks, urban areas to seaports, airports and vice versa; connecting urban areas, industrial parks in the region, creating regional linkages, developing the socio-economic development of the key economic region in the South; reducing traffic pressure for the urban center...
The project is prepared for investment and implementation from 2025; completed and put into operation and exploitation in 2029.
Component projects invested under the public-private partnership method, Construction - Business - Transfer (BOT) contracts are subject to the investment guarantee mechanism, the increase and decrease revenue sharing mechanism according to the provisions of the law on investment under the public-private partnership method.
The Resolution also shows that the National Assembly agrees to apply special mechanisms and policies in adjusting exploitation reserves, extending the exploitation period, and increasing capacity according to the needs of the project without having to carry out procedures to adjust the provincial planning.
For component investment projects in the form of public investment, the National Assembly allows the same order, procedures, appraisal authority and investment decisions to be implemented as group A projects according to the provisions of the law on public investment.
In addition, the National Assembly also allows the application of the form of bidding for bidding packages to serve the project: consulting, consulting on planning adjustment, construction of infrastructure for resettlement areas. The order and procedures for appointing bids shall comply with the provisions of the law on bidding.
In addition, the project does not have to appraise capital sources and capital balance capabilities according to the provisions of law.
The Government is responsible to the National Assembly for implementing, managing, exploiting and operating the project in accordance with this Resolution and relevant legal provisions.
Along with this project, the National Assembly Chairman signed and issued a Resolution on investment policy for the Quy Nhon - Pleiku expressway construction investment project.
In terms of scope, the investment is about 125 km, divided into 3 component projects, applying advanced and modern technologies. The total preliminary investment of the project is about 43,734 billion VND.
Regarding progress, preparation for investment and project implementation from 2025, completion of the project to put into operation and exploitation in 2029.
The project is also subject to special mechanisms and policies: Procedures, appraisal authority and investment decisions for component projects implemented similarly to those for group A projects according to the provisions of the law on public investment.
The National Assembly allows the application of the form of bidding designation, including bidding packages for compensation, support and resettlement.
The project also does not have to appraise capital sources and capital balance capabilities according to the provisions of the Law on Public Investment;...
In addition, the National Assembly also issued a resolution on adjusting the investment policy for the Bien Hoa - Vung Tau Expressway construction investment project, phase 1.
Preliminarily, the total investment of the project is 21,551 billion VND, of which the state budget for the period 2021 - 2025 is 17,124 billion VND.
