On August 29, the Chairman of the Ho Chi Minh City People’s Committee sent an urgent dispatch to the Chairmen of the People’s Committees of Long An, Binh Duong, Dong Nai, and Ba Ria-Vung Tau provinces regarding the completion of the pre-feasibility study report for the Ho Chi Minh City Ring Road 4 project.
According to the document, to timely deploy and meet the construction schedule of the Ring Road 4 project, the Ho Chi Minh City People’s Committee requested the provincial People’s Committees to direct their departments and branches to highly focus and promptly coordinate with Ho Chi Minh City to finalize the project dossier and submit it to the Ministry of Planning and Investment before September 10.
 Thay Cai Canal – the border area between Ho Chi Minh City and Long An, where the Ring Road 4 passes through. Photo: HOANG TRIEU |
The focal point for coordination is the Ho Chi Minh City Department of Transport, which is the leading agency in charge of preparing the pre-feasibility study report.
The Ho Chi Minh City People’s Committee stated that following the Prime Minister’s directive to assign the five provinces and cities as the competent authorities for implementing the Ring Road 4 project, the localities have organized and basically completed the pre-feasibility study report for the section passing through their respective areas.
In Announcement No. 69 dated April 11, the Ministry of Transport and the provinces agreed to propose that the Ho Chi Minh City People’s Committee take on the role of the focal point for coordinating the implementation of the component projects of the Ho Chi Minh City Ring Road 4; take the lead and agree with the localities to select a consulting unit to review and develop a common assessment report for the projects…
Based on the contents agreed upon by the Ministry of Transport and the localities, on August 12, the Ho Chi Minh City People’s Committee reported and proposed to the Prime Minister a number of special mechanisms and policies to be applied to the entire route.
At a working session with the leaders of the provincial People’s Committees on August 26, the Minister of Planning and Investment requested the Ho Chi Minh City People’s Committee to coordinate with the localities to finalize the pre-feasibility study report for the entire Ring Road 4, with a total length of 207 km, passing through five provinces and cities.
The overall project dossier will be submitted to the competent authorities for appraisal and then to the National Assembly for deciding on the investment policy during its October 2024 session.
The investment policy for the project will determine the component projects passing through Ho Chi Minh City, Ba Ria-Vung Tau, Dong Nai, Binh Duong, and Long An. The component projects will be assigned to the localities for implementation (similar to the Ho Chi Minh City Ring Road 3 project).
The Ho Chi Minh City Ring Road 4 project is approximately 207 km long, with a total estimated investment of VND 130,000 billion. This is the largest road transport project in the Southeast region to date.
PHAN ANH
Choose La Mia Bao Loc – Embrace a Fulfilling Life with an Ideal Green Living Standard
Not just a perfect blend of art and inspired Italian-style resort, La Mia Dalat also effortlessly brings each resident to the standards of peaceful living, well-being, and balanced body-mind-soul.
Proposed Planning for Adding 2 New Cities in Ho Chi Minh City
According to Architect Ngô Viết Nam Sơn, Ho Chi Minh City should consider planning two cities within the city in the south and north.
Choose stocks for “Tet” festival celebrations
Investors should consider choosing stocks in the banking industry with good profitability, healthy real estate, and abundant clean land reserves. In addition, the group of stocks in infrastructure investment, iron and steel, and construction materials should also be considered.
Top Investment Channels for 2024: Safe and Profitable
2023 is a year full of volatility in the global financial market. Against this backdrop, many investors are interested in gold as a store of assets.
Chinese citizens flock to buy 280 tons of gold, realizing real estate and stocks are no longer a good investment channel
Regardless of the global decline in demand for gold, the purchasing power of Chinese citizens has propelled the price of gold to surpass the $2,000 per ounce threshold in 2023.
