On October 16th, the Prime Minister issued a dispatch to relevant ministries, the People’s Committee of Ho Chi Minh City, and the provinces of Ba Ria-Vung Tau, Long An, Binh Duong, and Dong Nai regarding the assignment of a competent authority to prepare a pre-feasibility study report for the construction project of Ho Chi Minh City’s Ring Road 4.
Considering the proposal of the Ministry of Transport, the Prime Minister assigned the People’s Committee of Ho Chi Minh City as the competent authority to finalize the pre-feasibility study report for the project, based on the synthesis of pre-feasibility study reports of component projects prepared by the local authorities. The report will then be submitted to the Government for presentation to the National Assembly for deciding on the investment policy in accordance with regulations.
The People’s Committees of Ba Ria-Vung Tau, Dong Nai, Binh Duong, and Long An provinces are responsible for coordinating with the People’s Committee of Ho Chi Minh City in finalizing the pre-feasibility study report and implementing the project.
Ho Chi Minh City’s Ring Road 4 (Photo: Ho Chi Minh City Department of Transport)
The Prime Minister also assigned the Ministry of Planning and Investment to advise and propose to the Prime Minister the establishment of a State Appraisal Council to promptly appraise the pre-feasibility study report for the project and coordinate with the People’s Committee of Ho Chi Minh City to urgently complete the investment preparation procedures as directed by the Prime Minister.
The construction project of Ho Chi Minh City’s Ring Road 4 has a total length of 207 kilometers, passing through five localities. Specifically, the section passing through Ba Ria-Vung Tau province is 18.23 kilometers long, Dong Nai province is 45.54 kilometers, Binh Duong province is 47.45 kilometers, Ho Chi Minh City is 17.3 kilometers, and Long An province is 78.3 kilometers.
The first phase of the project has a total investment of approximately VND 128,063 billion and is proposed to be implemented in the form of a Build-Operate-Transfer (BOT) project, with a construction cost of about VND 76,772 billion and land clearance cost of about VND 51,291 billion.
The project is of great significance, contributing to the socio-economic development of the provinces in the Southeast region and the key economic region of the South. It will enhance inter-regional connectivity, facilitate the flow of goods, and reduce logistics costs.
The project is expected to be appraised and submitted to the National Assembly for deciding on the investment policy during the October 2024 session.
Clarifying the Localization Prospects of the High-Speed North-South Railway
The Ministry of Planning and Investment has requested the Ministry of Transport to clarify the potential for increased localization and technological mastery in the context of the pre-feasibility study report appraisal for the North-South high-speed railway project. This includes evaluating the benefits of public investment compared to other forms, especially in sections where there is no advantage in developing the railway system.
The Future of Transportation: Revolutionizing Travel with the High-Speed North-South Railway Project
On the afternoon of October 14, a meeting of the State Appraisal Council was held at the Ministry of Planning and Investment headquarters to review the pre-feasibility study report for the high-speed rail project on the North-South axis. The meeting was chaired by Minister of Planning and Investment Nguyen Chi Dung, who is also the Chairman of the Council.
Unlocking Investment Opportunities: Accelerating Public Investment Disbursement in the Final Months
Prime Minister Pham Minh Chinh has issued Official Dispatch No. 104/CD-TTg on October 8, 2024, urging the acceleration of public investment disbursement in the final months of 2024.
The Transport Ministry Proposes Alterations to the Implementation Plan for the Construction of Ho Chi Minh City’s Ring Road 4
The Ministry of Transport has proposed a plan to the Ministry of Planning and Investment and the People’s Committee of Ho Chi Minh City to develop the city’s Ring Road 4. This proposal highlights the ministry’s proactive approach in addressing the city’s infrastructure needs and enhancing its transportation network.
The Future of Transportation: Revolutionizing Travel with the 350 km/h High-Speed Rail, Aiming for Construction to Commence Before 2030.
“The Deputy Prime Minister, Mr. Tran Hong Ha, has emphasized the need to prioritize the development of high-speed and urban railways as a strategic move to boost Vietnam’s mechanical, manufacturing, automation, and other industries. He envisions a thriving railway system that will act as a catalyst for economic growth and enhance the lives of its citizens.”
