Authorities of the southern province of Dong Nai have requested relevant departments, sectors, localities, and investors to report on the implementation status of the Ho Chi Minh City Ring Road 4 project passing through the province, including the calculation of a funding source estimated at over VND10 trillion (over $385 million) for land clearance.

According to a report by MIK Group Vietnam Joint Stock Company—the investor proposing the project, the Ho Chi Minh City Ring Road 4 segment in Dong Nai province has a length of approximately 47km, traversing five districts, namely Vinh Cuu, Trang Bom, Thong Nhat, Long Thanh and Cam My. The project is being developed under the public-private partnership (PPP) model, with a total estimated investment of over VND26 trillion (more than $1 billion).

It is divided into two sub-projects: the land acquisition, compensation, support, and resettlement project with an investment of over VND10 trillion (over $385 million), and the construction project with an investment of over VND16 trillion.

The Ring Road 4 segment starts in Cam My District (Dong Nai province) and ends in Bac Tan Uyen District (Binh Dương province). For land clearance, the project requires the acquisition of over 482ha, affecting nearly 1,700 households that will need resettlement.