Prime Minister Pham Minh Chinh on Tuesday chaired a meeting with representatives of ministries, sectors and of Hanoi, Bac Ninh and Hung Yen on the investment policy for the Ring Road No.4 project in the Hanoi Capital Region.
The PM held a similar meeting on January 15 with ministries, sectors and HCM City, Long An, Dong Nai, Binh Duong and Ba Ria-Vung Tau on the investment policy of Ring Roads No.3 and 4 of HCM City.
At the meetings, PM Chinh underlined that the projects were of significant importance to the socio-economic development of localities in the Capital Region and southern region.
They would create a new development space for Hà Nội, HCM City and surrounding localities, helping foster regional economic connections, meeting increasing travel demand, connecting roads to the cities’ centres and expanding land for development and reducing logistics costs, thus attracting more investors and improving local living conditions, he said.
The PM asked relevant ministries, sectors and localities to complete dossiers of Ring Road No.4- Hanoi Capital Region and Ring Road No.3 of HCM City and submit to the Government in February and authorised agencies in early March.
He ordered the formation of a working group led by the Chairman of the Hanoi People’s Committee to serve the implementation of Ring Road No.4- Hanoi Capital Region, and another by the Chairman of the HCM City People’s Committee to cover the Ring Roads No.3 and 4 of HCM City. The two groups will consist of representatives from relevant ministries, sectors and localities and run under the direction of Deputy PM Le Van Thanh.
Source: Vietnam News
Hanoi and the four northern provinces of Hung Yen, Bac Ninh, Bac Giang and Vinh Phuc have proposed a major highway project to the Prime Minister.
The Ring Road No. 3 project, which was approved 10 years ago, must be completed by 2025 to help ease traffic jams in HCMC and connect with the southern key economic zone, said Deputy Prime Minister Truong Hoa Binh.