Ho Chi Minh City Ring Road 4 Project: Phase 1 construction of 4 lanes, no immediate toll collection

On the afternoon of June 20, Minister of Construction Tran Hong Minh explained to the National Assembly about the Ho Chi Minh City Ring Road 4 Project. The project is divided into 2 phases, in which phase 1 will construct 4 lanes to connect inter-regional traffic infrastructure and will not start collecting tolls immediately.

Minister of Construction Tran Hong Minh reports to the National Assembly on the Ho Chi Minh City Ring Road 4 project. Photo: QUANG PHUC

Many delegates expressed their agreement with the investment policy and appreciated the significance of the project in connecting and promoting socio -economic development of the whole region.

However, Deputy Pham Van Hoa ( Dong Thap ) noted that, in addition to the Ho Chi Minh City Ring Road 4, there is also a parallel road with 4 lanes. While the parallel road is invested in under the public investment method, the Ho Chi Minh City Ring Road 4 is invested in under both public investment and PPP.

From here, the problem may arise that collecting tolls on Ho Chi Minh City Ring Road 4 will be difficult, because people have the right to choose to use the parallel road (free of charge) even though the road is smaller instead of Ho Chi Minh City Ring Road 4. "What will be the capital recovery plan for PPP investors?" - the delegate raised the issue.

In addition, delegates also suggested that there should be transparency and objectivity in the designation of consulting packages, avoiding the situation where consultants increase the total investment to enjoy a higher percentage, causing damage to the state budget.

Delegate Pham Van Hoa (Dong Thap). Photo: QUANG PHUC

Delegate Tran Van Tien (Vinh Phuc) expressed concern because the project dossier sent to the Delegate did not include the technical design and some other important parameters necessary for deciding on the investment policy. “The Government needs to provide specific information so that Delegate can confidently “press the button,” he said.

Delegate Tran Van Tien (Vinh Phuc). Photo: QUANG PHUC

Some delegates also expressed concerns about the source of filling materials, as the project has a total length of up to 207km, and may face difficulties in supply.

Receiving comments, Minister Tran Hong Minh affirmed that the project will complete 8 lanes in phase 2, and will not collect tolls after completing 4 lanes in phase 1. Regarding the source of sand for filling, the Minister said that localities such as Long An and Tien Giang will ensure sufficient construction needs. He also affirmed that the technical documents are complete and detailed, but the National Assembly has only received some basic documents to serve the decision on investment policy. Deputy Chairman of the Economic and Financial Committee Nguyen Minh Son, a member of the appraisal agency, confirmed this.

MR. PHUONG

Source: https://www.sggp.org.vn/du-an-duong-vanh-dai-4-tphcm-giai-doan-1-thi-cong-4-lan-xe-chua-thu-phi-ngay-post800274.html