The Ho Chi Minh City People's Committee has just sent a document to the Government, the Ministry of Finance and the Ministry of Construction to complete the pre-feasibility study report of the Ho Chi Minh City Ring Road 4 project.
The Ho Chi Minh City Ring Road 4 project has a total length of about 207 km, passing through Ho Chi Minh City (20.5 km), Binh Duong (47.95 km), Dong Nai (46.08 km), Long An (74.5 km) and Ba Ria - Vung Tau (18.23 km).
This is the largest road project in the Southeast region to date, with special importance in connecting traffic and developing the economy.
In particular, the 47.95 km section through Binh Duong will be implemented by the province in the form of an independent project, approved by the Provincial People's Council.
The remaining nearly 160 km will be integrated into a comprehensive project, coordinated by localities, submitted to the National Assembly for consideration and decision on investment policy.
According to the Ho Chi Minh City People's Committee, the project will be implemented in the form of public-private partnership (PPP), BOT (build - operate - transfer) contract, with a total estimated investment of more than 120,412 billion VND.
Of which, the state budget will participate about 69,780 billion VND, the rest will be mobilized by investors.
Phase 1 of the project will carry out one-time site clearance according to the plan of 8 lanes. The main route will be invested with 4 lanes and 2 emergency lanes.
The People's Committee of Ho Chi Minh City said that, after being completed and completed in accordance with the opinion of the State Evaluation Council, the pre -feasibility study report of the Belt 4 Project has fully met the necessary conditions to submit to the Government and the National Assembly for consideration and decision on investment policy.
In the next phase - the stage of preparing the feasibility study report, localities are committed to continuing to review and implement technical requirements properly, ensuring investment efficiency.
The Ho Chi Minh City People's Committee also recommended that the Prime Minister direct the balance of the central budget to support the state budget capital participating in the component project through Long An province.
The Ho Chi Minh City Ring Road 4 project will use about 1,415 hectares of land, affecting about 5,862 households.
Of which, Ho Chi Minh City has 1,280 households (mainly in Cu Chi district and a small part in Nha Be district), Dong Nai has 1,697 households, Long An has 2,290 households and Ba Ria - Vung Tau has 595 households.
The preliminary cost for compensation, support and resettlement for the Ring Road 4 project is up to VND41,090 billion.
Currently, the Ho Chi Minh City People's Council and the provinces where the project passes through such as Dong Nai, Long An, Ba Ria - Vung Tau have all agreed on an investment policy, and at the same time committed to balancing local budget sources participating in project investment.
According to the plan, after being approved by the National Assembly, the Ho Chi Minh City Ring Road 4 project will start construction in 2026 and be completed in 2028.
According to the Ho Chi Minh City People's Committee, when completed, Ho Chi Minh City Ring Road 4 will not only help connect the Southeast region with the Southwest and Central Highlands but also open up new development space, effectively exploit land funds, create momentum to promote industry, urban and logistics.
This route will help optimize the circulation of goods between industrial parks, urban areas and seaports, especially connecting to Long Thanh International Airport.
In addition, Ring Road 4 also creates favorable conditions for vehicles from National Highway 13 and National Highway 22 to access ports on the Long An side and Hiep Phuoc Port (HCMC).
This is also an important connecting route between Binh Duong and Long Thanh airport, adding an additional direction of travel outside Ring Road 3 and Ho Chi Minh City - Long Thanh Expressway.
