Key highway projects planned for Vietnam

Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
April 5, 2012 Read time: 1 min

Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.

The Nghi Son-Bai Vot Expressway will cost $1 billion to build and 2560 Vietnam's Ministry of Transport hopes to source a loan from the 2332 World Bank for the project. At present, the Ministry is putting the projects through the tender process, and the deals will be made under either the build-operate-transfer (BOT) or public-private partnership (PPP) models.

To date, nine companies including 3042 POSCO of South Korea; 3043 Bangkok Mass Transit System Public Company and Asia China Investment Fund have expressed interest.

Meanwhile the Ministry is applying pressure to the Ho Chi Minh Highway Project Management Unit to speed up preparation work for the 80km La Son-Tuy Loan section of the Ho Chi Minh Highway.

The project runs from Tuan Bridge in central Thua Thien-Hue province to Danang's Tuy Loan village, and Singapore-based DBS Bank has said it will provide funding worth $850 million to build the highway.

For more information on companies in this article

Related Content

  • New road and bridge projects for Vietnam
    May 27, 2020
    New road and bridge projects are being planned for Vietnam.
    Read More
  • Vietnam sets highway plan of action
    May 28, 2012
    Additional funding is being sought for the third stage of a project that will upgrade the 3,010km Ho Chi Minh Highway in Vietnam. The third phase of the project has an estimated investment capital of some US$14.7 billion and foreign and local investors are being invited to invest in the road through different funding structures. The funding models will include the proven build-transfer-operate (BTO), build-transfer (BT) and build-operate-transfer (BOT) systems, with from 20%-30% of the funding to come from
    Read More
  • Last link in Vietnam’s North-South Expressway
    May 3, 2024
    The Chi Lang-Huu Nghi section is the last part of the 2,060km-long expressway that connects the southern Mekong Delta with the northern province of Lang Son, bordering China.
    Read More
  • Highway proposals to extend Vietnam’s network
    November 12, 2015
    A series of major highway and road projects have been proposed for Vietnam. Investors have submitted a proposal to build North-South road costing an estimated US$383.8 million. Another proposal has come from the Project Management Board 85 to develop Bien Hoa-Tan Thanh-Cai Mep Seaport expressway, with an estimated cost of $591.5 million.
    Read More

Highlighted Content