Ho Chi Minh City Ring Road 4 has a total length of about 207km, passing through 5 provinces, including: Ho Chi Minh City (16.7km); Binh Duong (47.95km); Dong Nai (46.08km); Ba Ria - Vung Tau (18.23km); Long An (78.3km, including the section through Long An 74.5km long, the section through Ho Chi Minh City 3.8km long).
For the section through Binh Duong province, this locality will implement an independent project according to the Resolution of the Provincial People's Council.
The remaining sections passing through 4 localities will be combined into a comprehensive project to submit to the National Assembly for approval.
According to the pre-feasibility study report, the Ring Road 4 project through Ho Chi Minh City, Dong Nai, Ba Ria - Vung Tau and Long An has a total length of 159.3km.
The total investment capital is about 122,774 billion VND, implemented under the BOT (build - operate - transfer) form.
Currently, the State Appraisal Council (under the Ministry of Finance as the standing agency) is evaluating the pre-feasibility study report to serve as a basis for submitting to the National Assembly for consideration and approval of the investment policy at the May 2025 session.
If approved, localities will select investors in 2025 and clear the land in the period of 2025 - 2026. The component projects are expected to start construction in the third quarter of 2026 and be completed in 2028.
The Ring Road 4 section passing through Binh Duong province alone has a total investment of about VND18,247 billion in phase 1.
Currently, Binh Duong province has issued bidding documents to find investors, with the capital to be mobilized being 11,743 billion VND. Investors will be selected through a domestic open bidding process, expected to open on May 15.
In a recent report to the Prime Minister, the Ho Chi Minh City People's Committee said that due to the large investment scale, Ring Road 4 needs support from the Central Government. However, the central budget is still limited and there is no official decision from the Prime Minister and the Ministry of Finance on the allocation of capital for the project.
In this situation, localities have proactively proposed using local budgets to participate in projects to ensure progress.
In Long An province alone, the local budget can only balance a maximum of VND10,000 billion for the project. Therefore, the province has proposed that the Prime Minister support about VND31,013 billion from the central budget.
If the Central Government can balance the support capital, Dong Nai and Ba Ria - Vung Tau also propose supporting 50% of the total state budget capital participating in the project, with the support level being 6,198 billion VND for Dong Nai and 2,144 billion VND for Ba Ria - Vung Tau respectively.
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.
