HCMC CONTINUES PLANNING TO START THE ROAD ROAD 4
Following the project of Ho Chi Minh City’s Ring Road 3 with a length of more than 76km, Ho Chi Minh City is currently planning to launch the Ring 4 route.
Recently, Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai signed a decision to assign the Department of Transport of Ho Chi Minh City to prepare to invest in the project of Ring Road 4, the bridge section across the Saigon River – Thay Cai Canal (including the bridge over the Saigon River) with a length of about 17km is invested under the method of public-private partnership (PPP).
Accordingly, the Department of Transport is assigned the responsibility to coordinate with relevant departments to prepare pre-feasibility study reports, feasibility study reports and perform other related tasks as prescribed. In addition, the Department of Planning and Investment is responsible for advising and proposing the City People’s Committee to implement the next procedure to invest in the project according to current regulations.
The Ring Road 4 project in Ho Chi Minh City has a length of about 200km with a scale of 6-8 lanes, the first point intersects with the Bien Hoa – Vung Tau highway, the end point is at Hiep Phuoc port (HCMC). The project is implemented in the form of a public-private partnership (PPP) with an estimated total investment of about 100,000 billion VND, of which Ho Chi Minh City will invest in the bridge over the Saigon River – Thay Cai canal with a length of about 17km.
Before that, Ho Chi Minh City has also actively implemented another important project, the Ring Road 3 of Ho Chi Minh City. Along with the Ring 3 project in Ho Chi Minh City, the Ring Road 4 project is an important traffic route connecting the entire southern key economic region. Therefore, these projects are of particular importance and urgency.
It is expected that when the project is completed, it will create urban and industrial development not only in the passing localities, but also in the whole southern region, and play an important role in connecting connecting the regional development space. In addition, the neighborhoods around the road will form urban centers – commercial centers – distribution centers. This is a great resource for the development process in the regions.
Currently, the project has been assigned by the Prime Minister to Ho Chi Minh City, Binh Duong, Dong Nai, Long An, Ba Ria – Vung Tau as the competent agency to invest in roads in the locality. The Prime Minister also set up an interdisciplinary working group in early 2022 to review the scope, scale, technical plans, total investment…
According to the plan, localities will coordinate to complete the pre-feasibility study report of the project in December 2022. The set goal is to start the project in 2024 and put it into operation in 2028. Based on the above milestones, localities will develop plans to implement each section through their respective management areas.