New tunnel being built in Vietnam

In Vietnam work is progressing steadily on the new Ca Pass Tunnel project. The 13.4km tunnel will connect Khanh Khoa Province with Phu Yen Province. The new tunnel connection is being constructed under the build-own-transfer (BOT) model and is scheduled to open for traffic in 2016. This new link will also include 9km of bridges and access roads. Some US$192 million of credit for the project is being provided to Ca Pass Investment by Goldman Sachs, Societe Generale (SocGen) and Crédit Agricole Corporate and
January 25, 2013 Read time: 1 min
In Vietnam work is progressing steadily on the new Ca Pass Tunnel project. The 13.4km tunnel will connect Khanh Khoa Province with Phu Yen Province. The new tunnel connection is being constructed under the build-own-transfer (BOT) model and is scheduled to open for traffic in 2016. This new link will also include 9km of bridges and access roads. Some US$192 million of credit for the project is being provided to Ca Pass Investment by 3347 Goldman Sachs, 3322 Societe Generale (SocGen) and Crédit Agricole Corporate and Investment Bank (CIB) along with Vietnam Bank for Industry and Trade (VietinBank).

For more information on companies in this article

Related Content

  • Road works planned for Ho Chi Minh City
    August 14, 2023
    Further road works are planned for Ho Chi Minh City.
    Read More
  • Metropistas picks up 10-year toll road extension in Puerto Rico
    May 3, 2016
    Metropistas has been granted a 10-year extension to its PR5 and PR22 toll road concessions in Puerto Rico, up to 20161. Metropistas, a subsidiary of Spanish operator Abertis, signed the agreement with the Puerto Rico Highways and Transportation Authority. The agreement entails payment of $115 million to the Authority and a redistribution of the company's future revenue. PR22 is the 83km San Juan-Arecibo highway and PR5 is the 4km urban San Juan-Bayamon highway.
    Read More
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
    Read More
  • Bids for Višňové Tunnel's IT being evaluated
    March 31, 2023
    The contract, in Slovakia, also includes IT equipment for the D1 motorway stretch Lietavska Lucka - Visnove - Dubna Skala of which the tunnel is a part.
    Read More

Highlighted Content