Hanoi ring road to consume 1,300 hectares

Hanoi will clear an area of 740 hectares in seven district, Bac Ninh 320 hectares and Hung Yen 270 hectares, Hanoi's Party chief Dinh Tien Dung told a meeting Friday.

Leaders of Hanoi and the two provinces at the meeting promised to hand over 70% of the total area before June 30, 2023, and the rest before Dec. 31 that year.

The ring road is scheduled to open to traffic from 2027.

The National Assembly passed a resolution in June to spend VND85.8 trillion ($3.67 billion) on Ring Road No. 4 to connect Hanoi with neighboring provinces.

The road will stretch 112.8 kilometers, covering 56.5 kilometers in Hanoi, 20.3 kilometers in Hung Yen Province, 21.2 kilometers in Bac Ninh Province, with the rest linking with an expressway connecting Hanoi and Ha Long in Quang Ninh Province.

It will be carried out in two stages.

Phase one will be built in 2021-2025 and cost VND41.86 trillion of the state budget and more than VND22.47 trillion contributed by Hanoi and both provinces.

Phase two in the 2026-2030 period will cost VND8.79 trillion from the state budget, VND5.71 trillion from locality contributions, and more than VND29.44 trillion from a private investor under a public-private partnership model.