On September 29, the Hanoi People's Council agreed in principle to report to the Prime Minister for consideration and decision to assign the Hanoi People's Committee as the managing agency to implement the investment project to build a road connecting Ring Road 4 in Hanoi with Ring Road 5 in Ninh Binh province.
This is a group B project. The project investment policy decision-making level is the Hanoi People's Committee. The project investment form is public investment. The total preliminary investment of the project is about 840 billion VND from the Hanoi city budget. The project implementation period is 2026-2028.
The results of the inspection of the Urban Committee of the City People's Council show that the City People's Committee's submission to the City People's Council to agree on the policy of reporting to the Prime Minister for consideration and decision to assign the Hanoi People's Committee as the competent authority to implement the investment project to build a road connecting Ring Road 4 in Hanoi with Ring Road 5 in Ninh Binh province is in accordance with the authority.
The Urban Committee basically agreed with the policy of reporting to the Prime Minister for consideration and decision to assign the Hanoi People's Committee as the competent authority to implement the project to build a road connecting Ring Road 4 in Hanoi with Ring Road 5 in Ninh Binh province (according to the mechanism prescribed in the Law on Public Investment, the Law on the Capital for projects passing through the areas of 2 provinces and cities, using capital from the central budget) according to the proposal of the City People's Committee in Submission No. 28/TTr-UBND dated February 18, 2025.
Pursuant to the provisions of the Law on Public Investment No. 58/2024/QH15 and the Law on the Capital No. 39/2024/QH15, the Urban Committee proposed that the Hanoi People's Committee supplement the opinions of the Standing Committee of the City Party Committee and the Standing Committee of the City Party Committee according to the provisions of the Working Regulations No. 14-QC/TU dated August 20, 2025 of the City Party Executive Committee, the Standing Committee of the City Party Committee and the Standing Committee of the City Party Committee, term XVII, 2020-2025, as a basis for the City People's Council to consider and approve according to regulations.
The City People's Committee is responsible for balancing and arranging capital for project implementation in the medium-term public investment plan for the period 2026-2028; submitting to the City People's Council for consideration and resolution on the allocation, adjustment and approval of the capital plan in accordance with the authority, order and procedures prescribed by current law.
After the Prime Minister decides to assign the Hanoi People's Committee as the project implementation agency, the City People's Committee is responsible for completing the feasibility study report and approving the investment policy in accordance with regulations.
