Prime Minister Pham Minh Chinh speaks at the groundbreaking ceremony for the construction of Ring Road No.4 in the Hanoi Capital Region and the first phase of Cao Lanh - An Huu Expressway (Photo: VNA) The ceremony was held in a hybrid format connecting Hanoi's outlying districts of Hoai Duc, Thanh Oai, Soc Son, Thuong Tin of Hanoi, the northern provinces of Bac Ninh and Hung Yen, and Dong Thap.
The groundbreaking ceremony for the construction of Ring Road No.4 in the Hanoi Capital Region and the first phase of Cao Lanh - An Huu Expresswa (Photo: VNA) Ring Road No.4 in the Hanoi Capital Region has a total length of over 112km, with around 58.2km in Hanoi, nearly 19.3km in neighbouring Hung Yen and some 35.3km in Bac Ninh.
The route has a total investment of more than 85 trillion VND (over 3.61 billion USD), with more than 28.1 trillion VND of which funded by the State budget.
This is the first national important project implemented under the public-private partnership (PPP) form in accordance with the Investment Law.
Meanwhile, the Cao Lanh - An Huu Expressway, which is built with public investment of nearly 6 trillion VND, has a total length of over 27km running through the Mekong Delta provinces of Dong Thap and Tien Giang.
Ring Road No.4 in the Hanoi Capital Region has a total investment of more than 85 trillion VND (over 3.61 billion USD). - Illustrative image (Photo: VNA) Speaking at the event, PM Chinh stressed that investment in infrastructure development, including transport infrastructure, is one of the three strategic breakthroughs defined by the Party and State in socio-economic development.
He praised the authorities of Hanoi, Bac Ninh and Hung Yen for their endeavours in completing over 80% of the workload of ground clearance compensation and resettlement work in areas related to the project, and urged them to strive to fulfill the work in the third quarter of this year, in order to ensure the handover of land for construction as schedule.
Investment in transport infrastructure is the top political task of all localities, ministries and sectors for the practical benefit of localities and the country, he stressed./.
VNA
