On October 21, according to the People's Committee of Dong Nai province, the preliminary estimate of the total investment for the Ring Road 4 project - Ho Chi Minh City through Dong Nai province is more than 24,000 billion VND.
Of which, the cost of site clearance and construction of residential roads alone is more than 10,000 billion VND, while the cost of building Ring Road 4 - Ho Chi Minh City through Dong Nai province is about 14,000 billion VND.
The Ring Road 4 - Ho Chi Minh City project has a total length of nearly 207 km, passing through 5 provinces and cities including Ba Ria - Vung Tau, Dong Nai, Binh Duong, Long An and Ho Chi Minh City.
In particular, the Ring Road 4 - Ho Chi Minh City project through Dong Nai province has a total length of more than 45km, starting at Thua Duc commune, Cam My district (bordering Ba Ria - Vung Tau province), ending at Thu Bien bridge, Vinh Cuu district (bordering Binh Duong province).
The Ring Road 4 - Ho Chi Minh City project through Dong Nai province includes 2 component projects: Component Project 1-2 (land clearance and construction of residential access roads) and Component Project 2-2 (construction of Ring Road 4 - Ho Chi Minh City).
Phase 1 investment has a scale of 4 lanes, roadbed width of 25.5m.
The project is invested and implemented in the form of public-private partnership (PPP).
Currently, the Government has assigned the People's Committee of Ho Chi Minh City as the competent authority to organize the completion of the overall project pre-feasibility study report based on the synthesis of the pre-feasibility study reports of the component projects that have been prepared by the localities, and submit them to the Government so that the Government can submit them to the National Assembly for decision on investment policies according to regulations.
