Ring Road 4 project has a total investment of over VND20,000 billion

The Ring Road 4 - Ho Chi Minh City project was assigned by the Prime Minister to People's Committee of Binh Duong province to invest in the section through the province.

Currently, Provincial People's Committee approved Becamex IDC’s proposal for a pre-feasibility study of investment project to build a four-section Ring Road from Thu Bien Bridge to Saigon River in the form of PPP. Becamex IDC has completed the pre-feasibility study and submitted it to Provincial Department of Planning and Investment to collect comments for appraisal and approval according to regulations.

Accordingly, the total project investment is about VND 20,331 billion (of which the cost of site clearance is about VND 8,667 billion, construction and other costs are VND 11,664 billion). The State's capital accounts for 49%, capital contributed by investors accounts for 51%. Project implementation period is from 2023 to 2026.

Reported by Tri Dung - Translated by Ngoc Huynh