The region's largest road project awaits a 'turning point'

The Ring Road 4 project - Ho Chi Minh City section through Dong Nai province has the end point at Thu Bien bridge connecting with Binh Duong province. Photo: P.Tung

Ring Road 4 - Ho Chi Minh City is a traffic route that plays an important role in the socio -economic development of provinces and cities in the Southeast region and the Southern key economic region.

Eligible for consideration of investment policy decisions

According to the plan, Ring Road 4 - Ho Chi Minh City has a length of 207km, passing through 5 provinces and cities: Ba Ria - Vung Tau , Dong Nai, Binh Duong, Long An and Ho Chi Minh City. Of which, the nearly 48km long section through Binh Duong province is being invested independently according to the project investment policy approved by the People's Council of Binh Duong province.

The remaining 159km through 4 provinces and cities: Ba Ria - Vung Tau, Dong Nai, Long An and Ho Chi Minh City was established as a master project to submit to the National Assembly for approval of investment policy.

Regarding the scale of phase 1, localities will clear the land at once according to the 8-lane plan. The main highway route will invest in 4 lanes and 2 emergency lanes, build service roads, and parallel roads on both sides. The total investment of the project is more than 123 trillion VND, implemented in the form of public-private partnership (PPP), BOT contract (build - operate - transfer). Of which, the budget capital participates about 69.8 trillion VND, the investor capital participates more than 53.6 trillion VND (equivalent to about 43% of the total investment).

On May 10, at the 17th meeting of the State Steering Committee for important national projects and works, key to the transport sector, Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong said that, implementing the direction of Prime Minister Pham Minh Chinh and Deputy Prime Minister Tran Hong Ha, the contents that the city was assigned to preside over and coordinate with localities have been completed. On May 7, the Ho Chi Minh City People's Committee issued a document attaching the coordinates of the project's pre-feasibility study dossier to submit to the State Appraisal Council.

"Up to now, the work of completing the project's pre-feasibility study report has been completed," said Mr. Bui Xuan Cuong.

According to the Ho Chi Minh City People's Committee, the project's pre-feasibility study report has met the conditions for the Government to submit to competent authorities for consideration and decision on investment policy according to regulations (regarding investment necessity, technical requirements, planning compliance, budget capital commitment of participating localities...).

In the next phase (feasibility study report step), the localities commit to continue reviewing and fully implementing the contents according to the appraisal results report mentioned above to ensure the technical requirements and project investment costs are in accordance with regulations. At the same time, the Ho Chi Minh City People's Committee proposed that the Government consider and direct the content of balancing the central budget capital to participate in the project. This is the budget to support the state budget to participate in the component project through Long An province.

According to the plan agreed upon by the localities, the construction of Thu Bien bridge on Ring Road 4 - Ho Chi Minh City will be invested by Dong Nai province.

Dong Nai plans to clear land

Ring Road 4 - Ho Chi Minh City section through Dong Nai province is nearly 47km long, passing through 5 districts: Vinh Cuu, Trang Bom, Thong Nhat, Long Thanh and Cam My. The project is invested in the form of public-private partnership (PPP) with a total estimated investment of more than 26 trillion VND. The investor who proposed the project is MIK Group Vietnam Corporation.

The Ring Road 4 - Ho Chi Minh City project through the province will be divided into two component projects: a land acquisition, compensation, support and resettlement project with a total investment of more than 10 trillion VND and a construction project with a total investment of more than 16 trillion VND. Of which, the state budget capital participating in the project is more than 14 trillion VND, including more than 10 trillion VND for site clearance and about 4 trillion VND participating in the construction project.

At the end of April, at the 27th Session of the 10th Provincial People's Council, the Provincial People's Council passed a resolution on the Provincial People's Committee's commitment to allocate the province's budget with a total amount of more than 14 trillion VND to work with provinces and cities to implement the Ring Road 4 Project - Ho Chi Minh City.

Following that, on May 15, the Provincial People's Committee worked with relevant units to implement the project's site clearance. Accordingly, to implement the Ring Road 4 - Ho Chi Minh City Project, Dong Nai will reclaim more than 482 hectares of land with nearly 1,700 households needing resettlement. At the meeting, leaders of localities where the road passes through said that, in terms of resettlement arrangements for people, in addition to the resettlement areas already built, localities are completing procedures to build new resettlement areas to serve the project.

Also at this working session, Vice Chairman of the Provincial People's Committee Ho Van Ha assigned the Department of Finance to review and consider allocating capital of more than 10 trillion VND to carry out site clearance work for the project.

Pham Tung

Source: https://baodongnai.com.vn/dong-nam-bo/202505/du-an-duong-bo-lon-nhat-vung-cho-buoc-ngoat-9bc614c/