Ring road No.4 – an urgent project for growth
The project is a transportation corridor and economic engine for the growth of the Red River Delta.
National Assembly deputies in a discussion session on June 10 shared the view on the significance of the Ring road No.4, which would open up new development spaces and strengthen provincial linkage for growth.
Once completed, Ring road No.4 with a total length of 112.8 kilometers would connect 14 districts from three northern cities/provinces, including Hanoi, Hung Yen, and Bac Ninh.
|Deputy Nguyen Dai Thang from Hung Yen Province. Source: quochoi.vn|
Deputy Nguyen Dai Thang from Hung Yen Province noted the project would help realize the country’s road network planning for the 2021-2030 period, with a vision for 2050.
“The project not only enhances economic competitiveness of Hanoi and other cities/provinces in the capital area but also holds significant meaning in terms of politics and culture,” Thang said.
"Improving provincial links between Hanoi and other cities is a right step to ensure equitable socio-economic development in the region," he continued, hoping the highway offers greater access to industrial parks and urban areas in Hanoi's neighboring provinces and cities.
“From this starting point, there would be a broad economic corridor linking cities from highlands to delta regions,” Thang said.
Deputy Ta Dinh Thi from Hanoi noted the project is essential in realizing the role of Hanoi as a driving force for growth in the northern region, especially as it would spur the development of more residential areas, industrial parks, and universities in the surrounding areas.
|Deputy Ta Dinh Thi from Hanoi.|
Deputy Nguyen Anh Tri from Hanoi, however, called for the Government to adopt the best technical specifications for the construction of the project so that its lifespan would be around 100 years.
Deputy Hoang Van Cuong from Hanoi expected a special mechanism for the utilization of land funds alongside the project.
"These are the enormous resources for the development of the region, which without a proper plan would be wasted," he said.
|Minister of Planning and Investment Nguyen Chi Dung at the session. Source: VNA|
At the session, Minister of Planning and Investment Nguyen Chi Dung suggested that Ring road No.4 in Hanoi and Ring road No.3 in Ho Chi Minh City would help address bottlenecks in planning for transport infrastructure in major cities.
According to Dung, infrastructure has long been seen as one of the key strategic breakthroughs for Vietnam’s development, and the Government is, therefore, determined to build the two ring roads with the highest quality.
Under the Government’s proposal, the Ring road No.4 is designed with a total length of 112.8 kilometers, running through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers).
The project with an area of 1,341 hectares, which would cost a total of VND85.8 trillion ($3.7 billion) from the state budget and investors’ capital, is set to be completed by 2027.
The Government expects the project to be divided into seven sub-components, for which both the construction and site clearance phases are conducted separately by the provincial/city authorities with finance from the combination of public investment and public-private partnership (PPP).
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