31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Hanoinews
Ring road No.4 to drive growth for Hanoi metropolitan area
Ngoc Thuy 16:53, 2021/05/07
Once completed, the ring road No.4 would help connect 14 districts from three northern cities/provinces of Hanoi, Hung Yen and Bac Ninh with a total length of 98 kilometers.

The ring road No.4 project once competed would serve as the growth driving force for both Hanoi and the capital metropolitan area.

 Secretary of the Hanoi Party Committee Dinh Tien Dung at the conference. Photos: Kinhtedothi

Secretary of the Hanoi Party Committee Dinh Tien Dung made the statement in a conference on May 6, discussing the plan to build the ring road No.4 that connects 14 districts from three northern cities/provinces of Hanoi, Hung Yen and Bac Ninh with a total length of 98 kilometers.

Covering an area of more than 24,000 square kilometers and an estimated population of 22 million, Hanoi metropolitan area, with Hanoi as the core city, includes provinces of Vinh Phuc, Hung Yen, Bac Ninh, Hai Duong, Ha Nam, Hoa Binh, Bac Giang, Phu Tho and Thai Nguyen.

“During the course of economic development, strengthening inter-provincial linkage to boost growth for a large region is an irreversible trend,” Dung stated, adding the target of upgrading inter-provincial infrastructure for the Red river delta and Hanoi metropolitan area has been included in the resolution of the 13th National Party Congress for economic development in the 2021-25 period.

In this context, the construction of the the bypass would not only address traffic congestion, but also open up room for further economic linkage and trade cooperation among Hanoi and other cities/provinces of Hung Yen, Bac Ninh, Vinh Phuc or Bac Giang.

“Hanoi and its neighboring cities as a result could further boost socio-economic development in both urban and rural areas by attracting more investment capital,” said Dung.

 Delegates at the conference

At the conference, Vice Chairman of the Hanoi People’s Committee Duong Duc Tuan informed two options for the construction of the project, with the first without overpass costing VND105 trillion (US$4.56 billion) and the second including two bridges crossing the Red river with VND135 trillion (US$5.86 billion).

“Give such high estimated costs, public financing would be unfeasible,” said Tuan, adding the authorities would take into consideration of mixed investment mechanism of public investment, public-private partnership (PPP), and build-operate-transfer (BOT) for the project.

Regarding this issue, Minister of Transport Nguyen Van The supported the proposal of giving Hanoi the role as the focal point in conducting the project’s feasibility study.

RELATED NEWS
TAG: Vietnam ring road no.4 metropolitan area Hung Yen Bac Ninh inter-provincial linkage infrastructure development PPP BOT
Other news
17:32, 2023/32/28
Hanoi Party chief attends tree planting festival
The tree planting festival was among the traditional activities during the first days of the Lunar New Year.
21:08, 2023/08/27
Prime Minister praises Ring Road 4 project's land clearance
Prime Minister Pham Minh Chinh asked the ministries to quickly resolve the relevant issues to keep the ring road project moving forward as planned.
13:48, 2023/48/26
Hanoi eyes higher transport infrastructure capabilities
These projects would improve Hanoi’s public transport infrastructure system and create the driving force for socio-economic growth.
13:42, 2023/42/26
Hanoi marks 234th anniversary of Ngoc Hoi - Dong Da victory
The victory has gone down in Vietnamese history as an immortal and epic struggle for national sovereignty, construction, and defense.
13:37, 2023/37/26
Hanoi maintains its leading position in building new-style rural areas
The movement of building advanced rural areas has contributed to turning Hanoi's suburbs into rural areas worthy of living in.
20:00, 2023/00/25
Warm shelter for the homeless in Hanoi
Thirty-nine homeless people enjoyed their Tet at the Hanoi Center for Social Affairs and Children Protection.