Key infrastructure projects planned in Vietnam

The authorities in Vietnam are planning several key infrastructure projects, including the new Cho Chien Bridge and improvements to Provincial Road No15 amongst others. The new Cho Chien Bridge will connect Ben Tre and Vinh Long provinces and this is expected to cost in the region of US$182 million. The project will now be carried out under the PPP model instead of a BOT scheme, which had been envisaged earlier in the planning stage. This change is due to the fact that TLIC will now carry out the project in
May 15, 2013 Read time: 2 mins
The authorities in Vietnam are planning several key infrastructure projects, including the new Cho Chien Bridge and improvements to Provincial Road No15 amongst others. The new Cho Chien Bridge will connect Ben Tre and Vinh Long provinces and this is expected to cost in the region of US$182 million. The project will now be carried out under the PPP model instead of a BOT scheme, which had been envisaged earlier in the planning stage. This change is due to the fact that TLIC will now carry out the project instead of Civil Engineering Construction No8 (Cienco 8). Private investors for the project include Tuan Loc Investment Construction (TLIC), 577, Cienco 4 and Cienco 1. Vietnam’s Ministry of Transport has a series of other road projects in the planning stage and has been evaluating the necessary financing for these. Construction works planned include upgrades to Provincial Road No15, building Elevated Road No1 and No3, work to the Trung Luong-My Thuan-Can Tho Expressway and improvements to Belt Roads No2, No3 and No4. Other projects being considered for a revision of the financing model are the upgrade of National Highway 53 and National Highway 91 and the construction of the Dat Mui-Nam Can section of the Ho Chi Minh Road.

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Vietnam’s big infrastructure spending
    October 2, 2014
    Seven transport infrastructure projects, including new roads and upgraded highways, will be launched in Vietnam before the end of 2014 after a US$433.35 million (VND 9.2 trillion) Government investment. The Ministry of Transport of Vietnam says a further 15 projects costing a combined VND 64.8 trillion will begin in 2015. The 2014 projects include a VND 2.3 trillion road upgrade project in Ha Nam Province in early-October 2014, to be followed by the construction of a bridge between Thai Binh and Ha N
    Read More
  • Construction of Vietnam’s Da Nang-Quang Ngai expressway begins
    November 25, 2013
    Construction of Vietnam’s US$1.4 billion Da Nang-Quang Ngai expressway is now underway. The near 140km-long expressway will have four lanes and a speed limit of 120km/hour. It will link economic hubs like Dung Quat (Quang Ngai), Da Nang-Chu Lai (Quang Nam) and Nhon Hoi (Binh Dinh). The expressway will also have a monitoring centre, a maintenance centre and a service centre. The Vietnamese government, the World Bank and the Japan International Co-operation Agency have provided official development assistan
    Read More
  • New transport projects commencing in Vietnam
    May 13, 2020
    A series of new transport infrastructure projects are commencing in Vietnam.
    Read More

Highlighted Content