Hanoi-Can Tho expressway in Vietnam bond financing evaluation

The capital planning for the major expansion and upgrading of Hanoi-Can Tho expressway in Vietnam is being considered ahead of a National Assembly evaluation for bond financing. The Ministry of Transport (MoT) has made a proposal for the prime minister to seek the National Assembly's permission to issue government bonds to handle the project. Last month, the MoT presented Document 2738/BGTVT-KHDT to the prime minister to seek capital resources for 17 road sections under the project. The government bonds wil
April 30, 2013 Read time: 2 mins
The capital planning for the major expansion and upgrading of Hanoi-Can Tho expressway in Vietnam is being considered ahead of a National Assembly evaluation for bond financing.

The Ministry of Transport (MoT) has made a proposal for the prime minister to seek the National Assembly's permission to issue government bonds to handle the project. Last month, the MoT presented Document 2738/BGTVT-KHDT to the prime minister to seek capital resources for 17 road sections under the project. The government bonds will help offset the capital for the project. The Hanoi-Can Tho expressway will stretch as long as 1,887km.

The whole route under the Hanoi-Can Tho section would comprise 37 projects, including 17 build-operate-transfer (BOT) projects that stretch 562km, with US$2.04 billion (VND 42.50tn) in investment; 17 projects that source government bond capital, measuring 678km with VND 47.843tn in total investment; and two projects funded by state budget capital, stretching 60km with an investment of VND 3.387tn.

A bypass will be built and a road expansion that stretches more than 627km will be due for completion in 2013, while the project to expand the remaining 1,038km and road surface enforcement will be due for completion before end-2016.

Related Content

  • Vietnam’s new highway works planned
    January 26, 2021
    Vietnam’s new highway works are now being planned.
    Read More
  • Hanoi considers $55 billion transportation plan
    August 4, 2016
    The Vietnamese capital of Hanoi is looking to build 18 bridges and upgrade several city roads into major urban thoroughfares, according the latest transportation development plan. The People's Committee of Hanoi - the city authority – drafted the US$55 billion plan that focuses on all transportation development from now up to 2030. Contract types under consideration include build-own-operate (BOO), public private partnership (PPP), build-operate-transfer (BOT) and build-transfer, according to a report
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More
  • Priority Vietnam transport projects receive approval
    August 9, 2018
    Approval has been given for 10 key road projects in Vietnam. A portion of the funding required will be sourced via an allotted budget for the 2016-2020 period. The budget is for some US$643.7 million, although this also includes funding for four rail projects as well as the 10 key road projects. The approval has come from Vietnam's National Assembly Standing Committee. One of the priority road projects is for the road connection between the Hanoi - Hai Phong Expressway and the Cau Gie-Ninh Binh Expressway.
    Read More

Highlighted Content