$4.3 bln to build HCMC Ring Road 4

Ho Chi Minh City has proposed to launch the Ring Road 4 project in 2024 with a roughly VND100,000 billion ($4.31 billion) investment, which will pass through five localities HCMC, Binh Duong, Long An, Dong Nai and Ba Ria-Vung Tau.

The road will have six to eight lanes, begin from Bien Hoa-Vung Tau Expressway in Dong Nai province and end at Hiep Phuoc Port in HCMC. In the first phase, the project will conduct full site clearance and construct four lanes.

HCMC Department of Transport expects to complete the pre-feasibility study report by the end of this year and make an investment policy decision in March next year.

The expressway is scheduled to open to traffic by the end of 2027, after three years of construction.

The road was divided into sections, with HCMC responsible for constructing a 17-kilometer bridge over the Saigon River-Thay Cai canal. Binh Duong province was tasked with constructing the 49-kilometer Thu Bien bridge-Saigon river section, while Long An will execute a 71-kilometer section of the Thay Cai canal-Hiep Phuoc.

Phu My-Bau Can section in Ba Ria-Vung Tau is around 18 kilometers long, whereas the Bau Can-Thu Bien bridge section in Dong Nai is 45 kilometers long.

According to the HCMC government, the Ring Road 4 project will especially connect the city's Hiep Phuoc port complex with other locations in the southern key economic zone, boosting the region's socioeconomic growth.

In addition to Ring Road No. 4, the city had earlier proposed to speed up the completion of Ring Road 3. The project spans over 76 kilometers and passes across four provinces, with a preliminary investment capital of more than VND75,000 billion ($3.23 billion).

Binh Duong, Dong Nai, Long An and Ba Ria-Vung Tau province, neighboring HCMC, are manufacturing hubs in southern Vietnam.