The government of Vietnam held a meeting to discuss the implementation of various investment strategies for the Ring Road No 4 concession. The officials and dignitaries from the provinces of Ho Chi Minh City, Long An, Dong Nai, Binh Duong and Ba Ria-Bung Tau attended the session.
98-kilometer long Ring Road No 4 will have a significant impact on socio-economic and urban development of three northern provinces of Hanoi, Hung Yen, and Bac Ninh. The road will also facilitate vital connections through Hanoi metropolitan area, Vinh Phuc, Hung Yen, Bac Ninh, Hai Duong, Ha Nam, Hoa Binh, Bac Giang, Phu Tho, and Thai Nguyen.
The highway aims to create essential regional economic connections, solve traffic needs, reduce logistics costs and attract investors as well as improve livability for inhabitants in 14 districts.
Country updates
-
-
January 17, 2022
Vietnam gives ultimatum to concessionaire for Dien Chau-Bai Vot BOT
Ministry of Transport in Vietnam has issued an ultimatum to the concessionaire consortium responsible for development of Dien Chau-Bai Vot section of the North-South Expressway. The consortium compris...
Read more -
December 24, 2021
Vietnam approves USD253 mn Quang Tri airport PPP
Prime Minister Pham Minh Chinh of Vietnam has approved the construction of the airport in Quang Tri under the public-private partnership (PPP). The airport project will cover three communes of Gio Qu...
Read more -
December 15, 2021
Financial close achieved for Cam Lam - Vinh Hao expressway PPP
Deoca group, the project owner of Cam Lam - Vinh Hao BOT project, has signed credit contract and business cooperation contract (BCC) to achieve financial close for VND8,925 billion (US$387.98 mil...
Read more -
December 15, 2021
Vietnam launches two railway projects in Dong Nai province
People's Committee of Dong Nai province is planning to launch two railway projects to increase the connectivity of Long Thanh airport with Ho Chi Minh City and Cai Mep - Thi Vai international sea...
Read more -
October 27, 2021
Vietnam promotes planning of USD307 mn Sapa Airport PPP project
The Government of Vietnam has approved the development of Sapa Airport in Lao Cai under the PPP procurement model. Worth nearly VND7 trillion (US$307 million), the project will be constructed i...
Read more
