JavaScript is off. Please enable to view full site.

Hanoi to spend $561mn on site clearance, resettlement for beltway No. 4

Hanoi to spend $561mn on site clearance, resettlement for beltway No. 4

Tuesday, February 21, 2023, 16:25 GMT+7
Hanoi to spend $561mn on site clearance, resettlement for beltway No. 4
Localities through which Ring Road No. 4 will pass have completed part of the site clearance work for the project. Photo: Nam Tran / Tuoi Tre

The site clearance work and resettlement areas for a section of the Ring Road No. 4 project in Hanoi are projected to cost VND13.4 trillion (US$561 million), according to the Hanoi People’s Committee.

The ring road project was planned to pass through Hanoi and the neighboring provinces of Hung Yen and Bac Ninh.

Hanoi People’s Committee chairman Tran Sy Thanh has approved the pre-feasibility report for a subproject on the compensation, site clearance, and resettlement areas, including expressway and parallel road systems, as well as infrastructure facilities, for the ring road project.

The capital for the subproject will be sourced from both the state and local budgets.

Of the total, nearly VND11.3 trillion ($473.6 million) will be used for compensation, VND530 billion ($22.2 million) for relocating high-voltage power transmission lines, VND960.9 billion ($40.3 million) for the construction of resettlement areas, VND7.58 billion ($317,901) for making the feasibility report, and VND611.2 billion ($25.6 million) for other costs.  

The investor for the subproject is the Hanoi Transport Construction Investment Project Management Board.

Some 812.07 hectares of land in seven districts — Ha Dong, Soc Son, Me Linh, Dan Phuong, Hoai Duc, Thanh Oai, and Thuong Tin — will be taken back to make room for the project.

Of the total, 39.28 hectares will be used to develop 13 resettlement areas in five districts, including Me Linh, Dan Phuong, Hoai Duc, Thanh Oai, and Thuong Tin.

The site clearance work is expected to be completed this year so that the entire subproject can be finished next year. 

The Ring Road No. 4 project in the Hanoi capital region will have a total length of 112.8 kilometers, with 58.2 kilometers in Hanoi, 19 kilometers in Hung Yen, and 25.6 kilometers in Bac Ninh, according to news site The Saigon Times.

The project includes seven subprojects, with three site clearance subprojects and three parallel road subprojects using public investment, and one expressway subproject being conducted under the public-private partnership model.

The beltway project requires an estimated investment of VND85.8 trillion ($3.6 billion). It has been in the works since 2022.

The first sod will be turn on the project in June this year so that it can be finished in 2026 and put into use in 2027, news site VnExpress reported.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

Thanh Ha - Pham Tuan / Tuoi Tre News

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news