A 36km segment of 197km Ring Road 4 project in the Long An Province could cost as much as US$300 million, according to a prefeasibility study.
The segment runs from Ben Luc rural district to Hiep Phuoc Port in the Ho Chi Minh urban area, as noted in the study prepared by Cuu Long Corporation.
The government is considering offering the work as a public-private partnership.
The road would feature 10 bridges and an overpass at an intersection with National Highway 1.
If approved, work could start in the third quarter of 2020 with completion set for the first quarter of 2023. Capital cost for the project would be recovered within an estimated 19 years and seven months.