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Friday, February 3, 2023

HCMC, provinces approve investment roadmap for Beltway 4

The Saigon Times

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HCMC – HCMC and four neighboring provinces have approved an investment roadmap for Beltway No. 4, scheduled to be commenced in 2024 and completed in 2028.

The 200-kilometer beltway will pass through HCMC and four neighboring provinces — Long An, Binh Duong, Dong Nai and Ba Ria-Vung Tau.

HCMC met with the authorities of the four provinces on January 12 to discuss the investment plan for Beltway No. 4.

According to Tran Quang Lam, director of the HCMC Department of Transport, each of the five localities is now working on a prefeasibility study for the section that will pass through it.

The prefeasibility study and the assessment of the investment plan should be done this year. Work is expected to begin in September 2024 and the road will be opened to traffic in the first quarter of 2028.

The starting point of the road will intersect with the underway Bien Hoa-Vung Tau expressway in Ba Ria-Vung Tau Province, and its endpoint will be at the Hiep Phuoc port in HCMC.

The beltway will have six to eight lanes for vehicles, of which four lanes will be built in the first phase and expanded to eight in the second phase of the project.

The funding for the project will be sourced from the State budget, provincial budgets and investors.

HCMC will soon work with the minister of transport to agree on the format and the schedule for submission of the prefeasibility study, said Phan Van Mai, chairman of the HCMC People’s Committee.

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