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.