Dong Nai People’s Committee Directs Departments to Facilitate the Thu Thiem 4 Belt Road Project
The People’s Committee of Dong Nai province has directed the Department of Finance to review and allocate a capital source of over VND 10,000 billion for site clearance for the Thu Thiem 4 Belt Road project passing through the province.
The Thu Thiem 4 Belt Road project in Dong Nai province ends at the abutment of Thu Bien Bridge, Tan An commune, Vinh Cuu district, bordering Binh Duong province.
The People’s Committee also assigned the Department of Construction to coordinate with the investor to establish project proposals and create a clear timeline for the necessary tasks. The Department of Industry and Trade was instructed to proactively carry out the relocation of technical infrastructure in advance.
Previously, the representative of MIK Group Vietnam Joint Stock Company reported to the People’s Committee of Dong Nai province that the Thu Thiem 4 Belt Road project, with a length of nearly 47 km passing through five districts of the province, is expected to have a total investment of over VND 26,000 billion.
The project is divided into two components: land acquisition, compensation, support, and resettlement with a total investment of over VND 10,000 billion; and construction with a total investment of over VND 16,000 billion.
The state budget participation in the project is over VND 14,000 billion, including over VND 10,000 billion for site clearance and about VND 4,000 billion for construction.
Regarding site clearance, the project requires the retrieval of over 482 hectares of land, affecting nearly 1,700 households who need resettlement.
At the recent meeting of the Provincial People’s Council in late April, the Council voted to pass a resolution on the People’s Committee of Dong Nai province committing to arrange the province’s budget of about VND 14,111 billion to implement the Thu Thiem 4 Belt Road project together with other provinces and cities.
The funding sources include the medium-term public investment plan for the 2021-2025 period of about VND 20,000 billion and the 2026-2030 period of about VND 14,091 billion, ensuring the progress of the project as approved by the central government.
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