Ho Chi Minh City (HCMC) has mapped out plans for the Ring Road 4 project (phase 1) with a total investment capital estimated at nearly VND123 trillion (over $4.76 billion).
The project documentation is being finalized for submission to the National Assembly for consideration in May 2025.
The Ring Road 4 project begins at Phu My Commune, Tan Thanh District, Ba Ria - Vung Tau Province, and ends at the North-South arterial road in the Hiep Phuoc Port area, Nha Be District, HCMC.
The route spans approximately 159.31 km, passing through HCMC (16.7 km) and the neighboring provinces of Ba Ria - Vung Tau (18.23 km), Dong Nai (46.08 km), Binh Duong (47.95 km), and Long An (78.3 km).
The 47.95 km section in Binh Duong province will be executed independently as a separate investment, under the investment policy approved by the Binh Duong Provincial People's Council.
The total investment capital for the project (phase 1) is over VND122.77 trillion (over $4.76 billion), excluding the section in Binh Duong Province.