Project name: Ring Road 2 (both the elevated section and the street-level section from Nga Tu So to Cau Giay).
Location: The Wards of Lang, Dong Da, Kim Lien, Khuong Dinh, and Phuong Liet.
Investment Objective: Completing the Ring Road 2 enclosure to enhance city center connectivity and alleviate traffic congestion.
Proposed Implementation Schedule: 2025 - 2028.
Estimated Total Investment: 21,378 billion VND.
Investment form: PPP.
Investor Selection Method: Open bidding.
Project Proposal Lead: Investor.