On the morning of June 27, with 437/441 delegates present in favor, the National Assembly passed the National Assembly's resolution on the investment policy for the Ho Chi Minh City Ring Road 4 construction investment project.
The project is over 207km long.
According to the report, the Ho Chi Minh City Ring Road 4 project has a total length of 207.26km, passing through Ho Chi Minh City, Ba Ria - Vung Tau , Dong Nai, Binh Duong and Long An.
After the administrative boundaries were rearranged, two localities, Ba Ria - Vung Tau and Binh Duong, merged into the expanded Ho Chi Minh City. Long An is now the new Tay Ninh province.
Of which, the nearly 48km section through Binh Duong has been approved by the province for investment and is being implemented separately. The remaining section of about 159km will continue to be built, including more than 38km through Ho Chi Minh City, 46km through Dong Nai and nearly 75km through the new Tay Ninh.
The total investment for phase 1 of the project is about more than 120,000 billion VND in the form of public-private partnership (PPP) with BOT contract combined with budget capital. Of which, the state is expected to contribute nearly 70,000 billion VND (including central and local budgets), the rest will be mobilized by investors.
The route is designed with 4 lanes in the first phase, maximum speed of 100km/h, road surface width of 25.5m; in the long term, it will be expanded to 8 lanes, roadbed up to 74.5m.
The project will require about 1,420 hectares of land, affecting more than 5,800 households. The preparation phase will be carried out from now until the end of 2025, with construction expected to begin in 2026 and be completed before 2029.
Many special mechanisms and policies to build Ho Chi Minh City's Ring Road 4
To implement the Ho Chi Minh City Ring Road 4 project, the National Assembly allows the project to apply special mechanisms and policies.
Accordingly, for mineral mines for common construction materials that have been licensed, are in operation, are still in exploitation period or have expired, have reserves but have not completed mine closure procedures, the Provincial People's Committee decides to adjust the exploited reserves, extend the mining period, and increase capacity according to project needs without having to complete provincial planning adjustment procedures.
Along with that, it is not necessary to prepare an adjusted mineral exploitation investment project to carry out the procedures for deciding or approving the investment policy; it is not necessary to carry out the procedures for appraising and approving the results of appraising the environmental impact assessment report, granting environmental licenses and environmental registration, but it is necessary to ensure requirements on labor safety and environmental protection in exploitation.
On the other hand, the provincial People's Committee decides to adjust and supplement these mineral mines to the geological and mineral management plan in the provincial planning without having to carry out the provincial planning adjustment procedure.
Use the project's reserve funds to organize land acquisition, compensation, support, and resettlement of the mine area after it has been surveyed and evaluated for reserves and quality according to project requirements and other contents to grant mines to organizations and individuals exploiting minerals for the project; manage, supervise the implementation process, and manage after project completion.
For investment component projects in the form of public investment: the order, procedures, appraisal authority and investment decision are implemented similarly to group A projects.
For component projects invested under the public-private partnership method, the Provincial People's Committee is assigned as the competent authority to organize appraisal and decide on investment.
During the time the National Assembly is not in session, the National Assembly assigns the National Assembly Standing Committee to consider and decide on adjusting the project investment policy.
Allow the application of the form of designated bidding for consulting, non-consulting, consulting packages for planning adjustment, and construction of infrastructure for resettlement areas to serve the project. The order and procedures for designated bidding shall comply with the provisions of the law on bidding.
Source: https://ttbc-hcm.gov.vn/thong-qua-chu-truong-dau-tu-vanh-dai-4-tp-hcm-con-duong-dai-nhat-dong-nam-bo-1019026.html
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