The Pre-Feasibility Study Report for the overall investment project to build Ho Chi Minh City's Ring Road 4 has just been sent by the Ho Chi Minh City People's Committee to the Ministry of Planning and Investment for review, in coordination with the Ministry of Transport to soon report and advise the Prime Minister.
The Ho Chi Minh City People's Committee said it has coordinated with the People's Committees of Long An, Binh Duong, Dong Nai and Ba Ria - Vung Tau provinces to review and basically complete the pre-feasibility study report of the overall project and its component projects.
Notably, the total investment of the Ho Chi Minh City Ring Road 4 project has increased to nearly VND137,000 billion - an increase of nearly VND9,000 billion compared to the total estimated capital in recent reports sent to the Government (about VND128,000 billion).
The project proposes central budget support of more than 42,500 billion VND, local budget capital of nearly 33,600 billion VND, the rest from investors.
Of the total route length of nearly 207 km, the section through Ho Chi Minh City is 16.7 km long with an investment capital of about 14,546 billion VND (estimated local budget capital is more than 8,700 billion VND, investor capital is about 5,818 billion VND).
The section through Long An is more than 78.3 km long with a capital of about 69,323 billion VND (expected central budget support capital of nearly 28,400 billion VND, local budget capital of nearly 11,200 billion VND, the remaining capital from investors).
The section through Ba Ria - Vung Tau province is 18.23 km long with a capital of about 8,579 billion VND (estimated central budget capital is about 2,144 billion VND, local budget capital is about 2,144 billion VND, the rest is investor capital).
The section through Dong Nai province is 45.54 km long with a capital of about 23,657 billion VND (estimated central budget capital is about 6,399 billion VND, local budget capital is about 6,399 billion VND, the rest is investor capital).
The section through Binh Duong province is 47.95 km long with a capital of about 20,486 billion VND (estimated central budget capital is about 5,114 billion VND, local budget capital is about 5,114 billion VND, the rest is investor capital).
The first phase of the Ho Chi Minh City Ring Road 4 project will be invested with 4 expressway lanes, along with a continuous emergency lane along the entire 3-meter wide route.
The entire route has 21 intersections and parallel roads and residential roads on both sides of the route will be built according to the traffic needs of each section and each locality.
It is expected that the Ho Chi Minh City Ring Road 4 project will be submitted to the National Assembly for approval of investment policy in October 2024.
The project is expected to start construction in 2025 and be completed in 2028, helping to create a seamless transportation network connecting highways, national highways, and airports in the key economic region of the South.
