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Sunday, June 16, 2024

Work begins on Beltway 4 in Hanoi

By N. Tan

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HCMC – Work has begun on the Beltway No. 4 project in the Hanoi City region, which will connect the capital and neighboring provinces.

Speaking at the groundbreaking ceremony yesterday (June 25), Prime Minister Pham Minh Chinh said, “Vietnam has made significant strides in expressway development. Recently, an additional 566 kilometers of expressway has been opened to traffic, bringing the total length of expressway nationwide to 1,729 kilometers.

So far this year, work has started on 1,406 kilometers of expressway in many parts of the nation, he said, adding that by 2025, the country would have over 3,000 kilometers of expressway in operation.

The construction of Beltway No. 4 in Hanoi, linking the capital city with Hung Yen and Bac Ninh provinces, will serve as a catalyst for other ongoing projects. It will create new development opportunities, address infrastructure issues in the capital city, maximize land usage potential, and establish a sustainable and modern urban system.

A special mechanism, involving decentralization and delegation of authority, will be implemented for the Beltway No. 4 project in the Hanoi region. Under this mechanism, localities will be assigned as governing agencies for different project components.

This approach aims to streamline the preparation process by allowing the designation of contractors for bidding packages, relocation of technical infrastructure, and compensation and resettlement packages.

The Beltway No. 4 project in the Hanoi region has a length of 112 kilometers, passing through Hanoi City, Hung Yen, and Bac Ninh provinces. It needs an investment of over VND85 trillion in the form of a public-private partnership.

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