Hanoi Ring-Road No.4

The project holds significant meaning for socio-economic development in Hanoi and the country overall.

The aim is to ensure the completion of the ring road by 2026 and to put it into operation from 2027.

The project would help create a new development space and address existing issues of Hanoi toward the formation of modern and sustainable urban areas.

The project is a transportation corridor and economic engine for the growth of the Red River Delta.

Ring road No.4 not only brings in economic benefits but also is significant in terms of politics and foreign affairs.

Total investment capital for Ring road No.4, slated for completion by 2027, is estimated at VND85.8 trillion (US$3.73 billion).

The project, estimated to be around VND87.1 trillion (US$3.81 billion), would be divided into seven sub-components and carried out under the combination of private-public partnership (PPP) and public investment mechanisms.

The Government sets the target of doubling the total length of the expressway in Vietnam to 2,000 kilometers in the 2021-2025 period.