Agribank is financing 60% of the capital for the Ring Road 4 Construction Investment Project.

On January 12, 2026, a signing ceremony for the credit agreement to finance the construction of the Ring Road 4 – Hanoi Capital Region took place in Hanoi. Deputy Prime Minister Ho Duc Phoc attended and delivered a keynote address at the ceremony. Representing the State Bank of Vietnam were Deputy Governor Nguyen Ngoc Canh, along with leaders from various ministries, central agencies, and departments; leaders from Hanoi City and the provinces of Hung Yen and Bac Ninh; representatives of the investor, contributing shareholders, and commercial banks financing the project.

The Hanoi Capital Region Ring Road 4 Project, with an estimated total length of 113.52 km , passes through Hanoi and the provinces of Hung Yen and Bac Ninh , playing a particularly important role in the national transportation infrastructure network. Upon completion, the project is expected to provide impetus to alleviate congestion in the inner city, connect urban, industrial, and logistics areas, and link with radial expressways, forming a comprehensive transportation infrastructure system that serves as the "backbone" for the entire region. The project has a total investment of over 85,000 billion VND, divided into three main component projects. Component Project 3 – the construction of the expressway – is implemented under the Public-Private Partnership (PPP) method, with a total investment of 53,553 billion VND.

The capital structure of component project 3 includes 44% from the State budget and 56% from capital mobilized by investors. The total capital mobilized by investors for the project is VND 29,944 billion.

Deputy Prime Minister Ho Duc Phoc delivered a speech at the signing ceremony.

As a leading commercial bank, Agribank not only participates as a member but also plays the leading role in arranging capital and providing banking services for the Project. Of the Investor's total loan requirement of VND 25,453 billion, Agribank has committed to providing VND 15,453 billion, accounting for 60% of the total credit contract value. The remaining three banks are MB, providing VND 5,000 billion (20%); BIDV, VND 3,000 billion (12%); and MBV, VND 2,000 billion (8%).

Component Project 3 officially commenced construction on September 6, 2025. The collaboration of the consortium of investors and banks including Agribank, MB, BIDV, and MBV plays a crucial role in ensuring financial feasibility and progress, opening up new impetus for the future development of the Capital Region.

The collaboration between the consortium of investors and banks plays a crucial role in ensuring financial viability and progress, opening up new impetus for the future development of the Capital Region.

Representing the banks financing the project, Agribank Chairman To Huy Vu affirmed that this is an event of significant importance not only for Agribank and the participating credit institutions, but also for the implementation of a key national transportation infrastructure project with long-term strategic importance for the socio-economic development of Hanoi, the Capital Region, and the Northern key economic region.

The Chairman of the Board of Directors of Agribank emphasized that the Ring Road 4 – Capital Region construction project is one of the most important transportation infrastructure projects currently underway, with a broad regional connectivity nature, seamlessly connecting with the expressway system and radial transport axes, creating effective connectivity between Hanoi and the provinces and major economic centers of the North. Specifically, Component Project 3, implemented under the public-private partnership (PPP) method, is evidence of the consistent policy of the Party and State in mobilizing maximum social resources for infrastructure development investment, while simultaneously improving capital efficiency and risk-sharing mechanisms between the public and private sectors.

During the implementation process, Agribank closely coordinated with reputable credit institutions with strong financial resources and experience to jointly finance Component Project 3. This cooperation was not only about co-financing but also about converging and complementing financial capacity, risk management experience, and in-depth understanding of large-scale infrastructure projects, demonstrating the solidarity, responsibility, and shared determination of the entire banking system towards key national projects.

Agribank Chairman To Huy Vu expressed confidence that the project would be successfully implemented, making a practical contribution to completing the strategic, modern, and sustainable infrastructure system of the Capital Region.

Affirming its role as a leading state-owned commercial bank, Mr. To Huy Vu stated that Agribank has always defined its mission not only as providing capital, but also as a partner in promoting national development, especially in key areas such as agriculture and rural development, infrastructure development, and projects aimed at sustainable development. Agribank is committed to close, synchronized, and effective coordination with state management agencies, credit institutions, and businesses throughout the project lifecycle; managing credit strictly, openly, transparently, and in full compliance with legal regulations and government policies.

In addition, the Chairman of the Board of Directors of Agribank expressed confidence that, under the close guidance of the Party, State, and Government, and with the decisive involvement of ministries, sectors, and localities, the Project will be successfully implemented, making a practical contribution to the completion of a strategic, modern, and sustainable infrastructure system for the Capital Region.

Speaking at the signing ceremony, Deputy Prime Minister Ho Duc Phoc expressed his delight that the investors participating in the project are all reputable businesses that have implemented many large-scale, effective projects, leaving behind many modern products, with fast construction and guaranteed quality. This affirms the capacity, responsibility, and solid maturity of the domestic business sector.

Highly appreciating the role of the participating banks in financing, the Deputy Prime Minister emphasized that these are all large, key state-owned commercial banks that have effectively supported and financed many key projects, especially large-scale public investment projects. Among them, Agribank, BIDV, and MB are banks that have participated in many important projects, implementing them effectively with professional and highly reputable teams. Therefore, the joint participation of investors and banks in the Ring Road 4 – Capital Region Project, Component 3, with a length of 113.2 km and a total investment of approximately 53,500 billion VND, is of great significance.

According to the Deputy Prime Minister, when completed, the project will contribute to creating a new, modern, and convenient appearance for the capital city, expanding development space and serving the long-term planning vision for the future. The Deputy Prime Minister also requested that relevant parties focus on ensuring a smooth flow of capital, preventing interruptions that could affect the project's progress; and at the same time, pay special attention to ensuring the quality of the construction, prioritizing sustainability, safety, and aesthetics throughout the construction process, adhering strictly to the design, and creating beautiful structures worthy of Hanoi's status.

The Deputy Prime Minister expressed his hope that the project would be completed, handed over, and put into operation soon, maximizing investment efficiency and thereby contributing to improved capital utilization, bringing benefits to the State, investors, businesses, Hanoi, and the people of the whole country.

Source: https://thoibaonganhang.vn/agribank-tai-tro-60-von-cho-du-an-dau-tu-xay-dung-duong-vanh-dai-4-176459.html