Recently, the Government Office has sent an official dispatch to the Minister of Planning and Investment and the Chairman of the Ho Chi Minh City People's Committee on specific mechanisms and policies applied to the entire Ho Chi Minh City Ring Road 4.
Previously, on August 12, the Ho Chi Minh City People's Committee sent Document 4588 proposing specific mechanisms and policies applicable to the entire Ho Chi Minh City Ring Road 4 route.
Considering the proposal of the Ho Chi Minh City People's Committee, Deputy Prime Minister Tran Hong Ha assigned the Ministry of Planning and Investment to preside over and coordinate with relevant agencies to review the specific mechanisms and policies proposed by the Ho Chi Minh City People's Committee in the above document, and report to the Prime Minister before September 3 on the content and form of submitting to the National Assembly for promulgation of specific mechanisms and policies to implement the Ring Road 4 project, ensuring compliance with the provisions of law on public investment, construction, state budget and relevant legal provisions.
Planning of the route of Ho Chi Minh City's Ring Road 4 (Graphic: Nga Trinh).
Ho Chi Minh City's Ring Road 4 has a total length of about 207km. The project section implemented by Ho Chi Minh City is 17.3km. The section implemented by Long An province is 78.3km. The section implemented by Binh Duong province is 47.46km. The section implemented by Dong Nai province is 45.54km; the section implemented by Ba Ria - Vung Tau province is 18.23km.
In phase 1, the entire project will be cleared at once according to the approved plan. Ho Chi Minh City Ring Road 4 has a scale of 4 expressway lanes, arranged with continuous emergency lanes, 23 intersections and has parallel roads and residential roads on both sides according to the traffic needs of each locality.
The total estimated investment for the Ho Chi Minh City Ring Road 4 project is over VND128,000 billion. Of which, the central budget is nearly VND40,000 billion, the local budget is nearly VND31,000 billion and the rest is from investors.
Reporting to the Prime Minister, the Ho Chi Minh City People's Committee said that the Ministry of Planning and Investment had held a meeting with leaders of provinces and cities related to the project. The localities reported on the implementation status and difficulties and obstacles in the implementation process.
In particular, the State capital participating in the project is large, while the local budget capital (Ba Ria - Vung Tau, Dong Nai, Binh Duong, Long An) is having difficulty and is difficult to balance to participate. The project also needs some specific mechanisms and policies for localities to implement to ensure progress and comply with current legal regulations.
Source: https://dantri.com.vn/bat-dong-san/yeu-cau-bao-cao-thu-tuong-co-che-dac-thu-du-an-vanh-dai-4-tphcm-truoc-39-20240901131233776.htm
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