Transport minister supports construction of Ring Road No.4
Minister of Transport Nguyen Van The has expressed support for the construction of Ring Road No.4 because it is of the utmost importance, linking Hanoi with nearby provinces.
Transport Ministry, Hanoi and provinces sign an agreement on construction of Ring Road No.4 (Photo: VNA)
Hanoi (VNA) – Minister of Transport NguyenVan The has expressed support for the construction of Ri💧ng Road No.4 because itis of the utmost importance, linking Hanoi with nearby provinces.
During a conferenceheld in Hanoi on May 6, The asked Hanoi and related provinces namely Vinh Phuc, Hung Yen, Bac Ninh and Bac Giang to speed up the implementation of the project to ease traffic pressure on Ring Road No.3.
The project is expectedto not only ease traffic overload, expand development resources, connectivity andtrade in goods among localities in the Hanoi Capital Region and the northernkey economic region, but also help Hanoi and the provinces gradually perfect transportation systems asplanned, making it easier for them to step up socio-economic development inboth urban and rural areas, said Secretary of the Hanoi Party Committee Dinh Tien Dung.
Vice Chairman of the municipal People’s CommitteeDuong Duc Tuan highlighted the development of the Hanoi Capital Region’s frameworktransportation network to carry passengers and goods over the past years,including seven expressways namely Hanoi – Lao Cai, Hoa Lac – Hoa Binh,Hanoi – Thai Nguyen, Hanoi – Hai Phong, Cau Gie - Ninh Binh, Thang LongBoulevard and Noi Bai – Bac Ninh, as well as the renovation and expꦑansion of Noi Bai International Airport.
Tuan stressed that theMaster Plan on Hanoi Capital Region set Ring Roads No.4 and No.5 as twoimportant routes for regional connectivity.
In order to build Ring Road N𒁏o.4, which will pass through 14 districts of the localities with a total length of around 98km, he asked the Transport Ministry and the provin༒ces of Hung Yen, Bac Ninh, Vinh Phuc and Bac Giang to offer feedback onthe project to report to the Prime Minister.
About capitalstructure, he suggested allocating around 25 trillion VND (1.08 billion USD) fromthe State budget to Hanoi, Hung Yen and Bac Ninh. The localities must earmark 50 trillion VND each from their budgets, and the remaining will befrom build-operate-transfer (BOT) investors./.
The Mai Dich - South Thang Long Section of Hanoi’s Ring Road No 3, using ODA loan from the Japan International Cooperation Agency (JICA), was officially opened to traffic on October 11 after two years and four months of construction.
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Transport Ministry, Hanoi and provinces sign an agreement on construction of Ring Road No.4 (Photo: VNA) 
