Accordingly, the project is named: Investment in construction of a road connecting Ring Road 4 in Hanoi city with Ring Road 5 in Ninh Binh province. The project belongs to group B. The authority that decides on the project investment policy is the Hanoi People's Committee. The project investment form is public investment. The preliminary total investment of the project is 840,155 million VND from the Hanoi city budget. The project implementation period is 2026-2028.
The review results of the Urban Committee of the City People's Council stated that the City People's Committee's submission to the City People's Council for approval of the policy to report to the Prime Minister for consideration and decision to assign the Hanoi People's Committee as the competent authority to implement the investment project to build the road connecting Ring Road 4 in Hanoi with Ring Road 5 in Ninh Binh province is within its authority.
The Urban Committee basically agrees with the policy of reporting to the Prime Minister for consideration and decision to assign the Hanoi People's Committee as the competent authority to implement the Project to build a road connecting Ring Road 4 in Hanoi with Ring Road 5 in Ninh Binh province (according to the mechanism prescribed in the Law on Public Investment, the Law on the Capital for projects passing through 2 provinces and cities, using capital from the central budget) as proposed by the City People's Committee in Submission No. 28/TTr-UBND dated February 18, 2025.
Based on the provisions of the Law on Public Investment No. 58/2024/QH15 and the Law on the Capital No. 39/2024/QH15, the Urban Committee proposes that the Hanoi People's Committee supplement the opinions of the Standing Committee of the City Party Committee and the Standing Committee of the City Party Committee according to the provisions of Working Regulation No. 14-QC/TU dated August 20, 2025 of the City Party Executive Committee, the Standing Committee of the City Party Committee and the Standing Committee of the 17th City Party Committee for the 2020-2025 term, as a basis for the City People's Council to consider and approve according to regulations.
The City People's Committee is responsible for balancing and allocating capital sources to implement the project in the medium-term public investment plan for the 2026-2028 period; submitting to the City People's Council for consideration and resolution on the allocation, adjustment and approval of the capital plan in accordance with the authority, order and procedures prescribed by current laws.
After the Prime Minister decided to assign the Hanoi People's Committee as the competent authority to implement the project, the City People's Committee is responsible for completing the feasibility study report and approving the investment policy in accordance with regulations.
Source: https://hanoimoi.vn/ha-noi-thong-nhat-dau-tu-tuyen-duong-ket-noi-duong-vanh-dai-4-voi-duong-vanh-dai-5-tinh-ninh-binh-717677.html
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