Construction of Ring Road 4 (Ho Chi Minh City) section through Binh Duong will begin in July 7

The People's Committee of Binh Duong province has just issued Plan No. 1014/KH-UBND on organizing the implementation of the Ho Chi Minh City Ring Road 4 construction investment project from Thu Bien bridge to Saigon river (through Binh Duong province). under the public-private partnership (PPP) method.

Planning diagram of Ring Road 3 and 4 of Ho Chi Minh City

According to the approved plan, Binh Duong will hand over at least 50% of the site in the second quarter of 2024, and hand over 70% of the site in the third quarter of 2024, completing all site clearance work this year. .

Project is expected to start construction in the third quarter of 2024 (expected July 10, 7); Focus on completing construction and putting it into operation from the fourth quarter of 2024.

According to the pre-feasibility study report of Ring Road 4 Project (Ho Chi Minh City), the section passing through Binh Duong province is 47,4 km long, with a total investment of 18.993 billion VND.

Regarding the implementation plan, Ho Chi Minh City and the provinces with the project will sign and issue a master plan for project investment and construction in March 3.

Ho Chi Minh City People's Committee presides and coordinates with provinces to develop specific mechanisms and policies for the Project, submit it to the Ministry of Planning and Investment for appraisal in April 4, report to the Prime Minister, and submit to the National Assembly for approval. passed in June 2024.

At the 4th exchange and cooperation conference between localities in the Southeast region, in the first quarter of 2024, which took place recently, the provinces and cities where the project passed through all agreed to propose to the Ministry of Transport to hire a unit. consultant to make an overall assessment of the entire Ring Road 4 and the Ho Chi Minh City People's Committee organizes the selection of the overall consulting unit using the City's budget capital.

The localities also agreed to propose that the Ministry of Planning and Investment advise the Prime Minister to approve the policy of submitting to the National Assembly for approval a Resolution on specific mechanisms and policies for the construction of Ring Road 4, City. Ho Chi Minh City to remove difficulties and speed up implementation progress.

Regarding capital sources, localities proposed that the Central budget support 50% of the total budget capital participating in the project, of which Ho Chi Minh City is 3.798 billion VND; Binh Duong 4.398 billion VND; Dong Nai 5.390 billion VND; Ba Ria – Vung Tau 2.060 billion VND. Long An province alone proposed the Central budget to support 26.810 billion VND (accounting for 90% of the total investment capital in the section passing through the province).