Proposed construction from 2026 - 2029
On the morning of June 10, the National Assembly Standing Committee gave its opinion on the investment policy for the project to build Ho Chi Minh City's Ring Road 4.
Presenting the report, Minister of Construction Tran Hong Minh said that the total length of the route is about 207.26 km. The starting point of the project is at the Toc Tien - Chau Pha intersection (the intersection of Bien Hoa - Vung Tau expressway and provincial road DT.992), the end point intersects with the North - South axis road at Hiep Phuoc Port area, Nha Be district, Ho Chi Minh City.
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Minister of Construction Tran Hong Minh. Photo: QH. |
The project passes through Ho Chi Minh City and the provinces of Ba Ria - Vung Tau , Dong Nai, Binh Duong, Long An. The scale of the expressway investment, phase 1 (phased phase) is invested with a scale of 4 expressway lanes, design speed of 100 km/h, roadbed width of 25.5m.
The Government proposes construction from 2026 - 2029 (striving to complete by the end of 2028).
The completed investment phase has a scale of 8 expressway lanes. The total width of the roadbed (including expressway and parallel road) is 74.5m.
The government said that the preliminary land use demand is about 1,420.70 hectares. The proposed investment form is public investment for the component projects of compensation, support, resettlement and construction of collector roads and parallel roads. Investment is in the form of PPP, BOT contract type for the component projects of investment in construction of the expressway section.
7 special and unique mechanisms and policies
The project is divided into 2 groups, including 10 component projects. The preliminary total investment of phase 1 is about more than 120,400 billion VND. The state budget capital is about more than 69,780 billion VND, of which the central budget capital is about more than 29,687 billion VND, the local budget capital is about more than 40,092 billion VND. The capital mobilized by investors is more than 50,632 billion VND.
The project also proposes 7 specific and special mechanisms and policies, in which the Chairman of the Ho Chi Minh City People's Committee and the Chairmen of the Provincial People's Committees have the authority to decide on investment in component projects.
Along with that, it is allowed to appoint contractors for consulting, non-consulting, consulting packages for planning adjustment to serve the project (including resettlement areas), packages for compensation, resettlement support, and construction of infrastructure for resettlement areas to serve site clearance.
The Government recommends that the project does not have to appraise capital sources and capital balancing capacity according to the provisions of the Law on Public Investment and the Law on Investment under the PPP method.
During the review, Chairman of the Economic and Financial Committee Phan Van Mai stated that the Government's submission to the National Assembly for consideration and decision on the project investment policy is in accordance with the provisions of law.
Regarding capital sources and capital balancing capacity, the Government proposes specific and special mechanisms and policies. Accordingly, the project does not have to appraise capital sources and capital balancing capacity according to the provisions of the Law on Public Investment and the Law on PPP.
However, the Standing Committee of the Economic and Financial Committee proposed that the Government, based on the provisions of the current Law on Public Investment and the Law on PPP, report on additional appraisal of capital sources and the ability to balance capital for the project.
Source: https://tienphong.vn/duong-vanh-dai-4-tphcm-hon-120400-ty-dong-dau-tu-giai-doan-1-post1749900.tpo
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