HCM City to make pre-feasibility report for Ring Road 4
The 207-km ring road has estimated investment capital of $5.39 billion.
Deputy Prime Minister Tran Hong Ha on October 16 assigned Ho Chi Minh City to make the pre-feasibility study report for the construction of the Ring Road 4 that connects the southern metropolis with neighboring provinces.
The report will be made basing on the pre-feasibility study reports for component projects made by localities.
It will be submitted to the Government for presentation to the National Assembly to make decision on investment policy for the project.
The total investment for the Ring Road 4 is estimated at approximately VND136 trillion ($5.39 billion).
The total length of the Ring Road 4 is nearly 207 km, passing through Ho Chi Minh City (with two sections totaling nearly 20.8 km long) and several provinces: Ba Ria - Vung Tau (18 km), Dong Nai (45 km), Binh Duong (48), and Long An (74.5 km).
The project is divided into two groups of component projects. Component Group 1 involves land compensation and the construction of service roads and includes six component projects (Ho Chi Minh City will have two component projects). Component Group 2 focuses on building the expressway, with five component projects across five localities.
For the first phase of the project, land clearance will be carried out in one go according to the approved plan. The road will have four expressway lanes, with continuous emergency lanes along the entire route. Around 21 interchanges will be built, along with parallel roads and service roads on both sides, depending on the traffic needs of each section and locality.