The Government assigned to complete the dossier and submit to the National Assembly the project of Ho Chi Minh City's Ring Road 4.

The area where Ring Road 4 is expected to pass through Cu Chi district (bordering Binh Duong province) - Photo: CHAU TUAN

Deputy Prime Minister Tran Hong Ha assigned the Ministry of Finance to urgently report to the Prime Minister on the remaining capital for the Ho Chi Minh City Ring Road 4 project, ensuring compliance with current regulations on public investment; in case it is possible to apply new regulations (being revised and supplemented) to create flexibility, propose specific solutions to the Government and the National Assembly, and submit them to the Prime Minister before May 16. At the same time, clearly affirm that the project is eligible to be submitted to the Government for submission to the National Assembly according to regulations.

The Ministry of Finance and the State Appraisal Council seriously learn from experience in appraisal work and appraisal reports.

The Ministry of Construction urgently coordinated with the Ministry of Finance to complete the project documents and submit them to the National Assembly Standing Committee and the National Assembly on May 16.

When more than half of the Government members agree to pass the ballot; the Government Office shall issue a document notifying the Deputy Prime Minister's opinion assigning the Minister of Construction to, on behalf of the Prime Minister, sign the report to the National Assembly Standing Committee and the National Assembly on the morning of May 16.

According to the plan, Ho Chi Minh City Ring Road 4 passes through 5 provinces and cities with a total length of 207km.

The section passing through Binh Duong province, about 47.95km long, is being invested in independently according to the project investment policy approved by the Provincial People's Council.

With 159.3km passing through 4 provinces and cities: Ba Ria - Vung Tau , Dong Nai, Ho Chi Minh City, Long An was established as a master project to submit to the National Assembly for approval of investment policy.

The project is proposed with special mechanisms and policies with the expectation of faster implementation than Ho Chi Minh City Ring Road 3 - currently under construction.

Regarding the scale of phase 1, localities will clear the land at once according to the 8-lane plan. The main expressway will invest in 4 lanes and 2 emergency lanes, making service roads and parallel roads on both sides.

The total investment of the project is over 120,412 billion VND, implemented in the form of public-private partnership - BOT contract (build - operate - transfer). Of which, the budget capital is about 69,780 billion VND, the investor capital is about 53,632 billion VND (equivalent to about 43% of the total investment).

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Source: https://tuoitre.vn/chinh-phu-giao-hoan-thien-ho-so-trinh-quoc-hoi-du-an-vanh-dai-4-tp-hcm-2025051514402791.htm