Skip to main content

Major road investment is planned in Vietnam

Close to US$13 billion of road projects are being planned by the authorities in Ho Chi Minh, Vietnam. The Ho Chi Minh (HCM) City Department of Planning and Investment is looking for funding for 19 year road projects. The city is seeking approval to go ahead with urgent public projects, especially those for reducing the impact of flooding and better traffic management. The city authorities are planning the bidding process for the projects, which will be carried out in the build-operate-transfer, build-transf
July 27, 2012 Read time: 1 min
Close to US$13 billion of road projects are being planned by the authorities in Ho Chi Minh, Vietnam. The Ho Chi Minh (HCM) City Department of Planning and Investment is looking for funding for 19 year road projects. The city is seeking approval to go ahead with urgent public projects, especially those for reducing the impact of flooding and better traffic management. The city authorities are planning the bidding process for the projects, which will be carried out in the build-operate-transfer, build-transfer, and build-transfer-operate method.

Related Content

  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
  • Vietnam’s major road and bridge projects
    September 27, 2021
    Work continues for Vietnam’s major road and bridge projects.
  • Vietnam’s Ho Chi Minh City needs over US$600mn for roads in 2014, claims city’s DOT
    February 11, 2014
    More than US$617 million (VND 13 trillion) will be required by Vietnam's Ho Chi Minh City for road construction and repairs in 2014, according to a national newspaper quoting the city's Department of Transport. Ho Chi Minh City needs the money to fulfil plans to construct 10 new bridges and 45km of road covering 397,000m². Of the total funding demand, $108.27 million (VND 2.3 trillion) will be official development assistance (ODA) loans, while $329.54 million (VND 7 trillion) will come from Ho Chi Minh Cit
  • Key highway projects planned for Vietnam
    February 22, 2012
    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.