Hanoi earmarks US$1 billion for Ring road No.4 project
Total investment capital for Ring road No.4, slated for completion by 2027, is estimated at VND85.8 trillion (US$3.73 billion).
Infrastructure Development Hanoi
Hanoi’s latest proposal on Ring road No.4 project to save US$380 million
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.
Hanoi to allocate US$2.2 billion for public investment in 2022
This year, the city is set to disburse VND38.8 trillion ($1.68 billion) in public funds or 93.3% of the target set by the prime minister.
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