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Ho Chi Minh City finalizes the plan to ‘reshape’ Belt 4, saving about 4,000 billion VND

Ho Chi Minh City finalizes the plan to ‘reshape’ Belt 4, saving about 4,000 billion VND

Ho Chi Minh City People’s Committee approved adjusting the direction of Ring Road 4 (section across Saigon River – Thay Cai Canal) according to 1 of 3 previously proposed plans of the City Department of Transport.

Ring Road 4 is nearly 200 km long, passing through Ho Chi Minh City and the provinces of Binh Duong, Dong Nai, Long An, Ba Ria-Vung Tau, each locality will preside over the implementation of the section passing through its area. In Ho Chi Minh City, Belt 4 section is about 17 km long, through Cu Chi and Nha Be districts, with the starting point at Phu Thuan bridge (Ben Cat town, Binh Duong); The end point is at Thay Cai bridge (Duc Hoa district, Long An).

Ho Chi Minh City finalizes the plan to 'reshape' Belt 4, saving about 4,000 billion VND - Photo 1.

GRAPHICS: HOANG LAM

According to the adjusted plan, the first part of the route, about 9.7 km long, will be adjusted to the southeast, avoiding Bau Lach and Nguyen Thi Ranh streets. The next nearly 4 km were also reshaped to avoid Trung Viet and Cao Thi Beo streets. Thanks to that, the route avoids existing roads, avoids residential areas, and the number of relocated households is small, thus reducing site clearance costs. At the same time, it will limit the impact on already implemented planning projects, as well as limit the impact on Cu Chi Northwest Industrial Park phase 2.

In this way, the project reduces the investment cost of phase 1 to about 13,800 billion VND, and the completion phase to more than 22,300 billion VND. In addition, in addition to the existing route, there will be a new route parallel to Ring Road 4, so traffic will be better.

Ho Chi Minh City People’s Committee has assigned the Department of Transport to urgently prepare a pre-feasibility study report for the project to get comments from relevant departments, branches and units. Then advise and make recommendations to the Ho Chi Minh City People’s Committee in October.

The Department of Planning and Architecture is assigned to urgently preside over and coordinate with the People’s Committee of Cu Chi district and relevant departments, branches and units to organize and implement local adjustments to planning projects according to regulations and policy mechanisms. specific provisions specified in Resolution No. 98.

According to the previous goal, Ring Road 4 of Ho Chi Minh City will complete the preparation of a pre-feasibility study report in September 2023 to appraise, approve and announce project information 3 months later. The entire organization of investor selection and site handover will be carried out in stages until January 2024, with site available to start construction in September 2024.

The handover of the site will be carried out in parallel during the construction project so that it will be completed by December 2027 and the entire route will be technically opened to traffic. Ho Chi Minh City Ring Road 4 project is expected to be put into operation and collect fees in the first quarter of 2028. Based on the above progress milestones, localities will develop implementation plans for each segment through their management areas.

Source: thanhnien.vn

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