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

  • Hanoi in Vietnam to benefit from new bridges
    September 4, 2017
    The Vietnamese city of Hanoi is set to benefit from a series of bridge construction projects, which are intended to reduce the city’s chronic traffic congestion. These new bridges will span the Red River and Duong River, which flow through the city. The projects are being planned by the Hanoi city authorities and also include the construction of link roads.
    Read More
  • New bridge projects underway in Vietnam
    December 14, 2015
    Three major new bridge projects are now being carried out in Vietnam. All three of the bridges are being carried out under the build-operate-transfer (BOT) model with completion scheduled for 2018. The 3.26km Chau Doc Bridge will link the towns of Tan Chau and Chau Doc in An Giang Province. Meanwhile the other two bridges will improve the road connection between Tra Ving Province and Soc Trang Province. The Dai Nghia Bridge No1 measures 0.86km long while the Dai Nghia Bridge No2 measures 2.24km long.
    Read More
  • Vietnam building major new bridge
    February 2, 2015
    In Vietnam work is now underway on the Bach Dang Bridge project. Costing some US$356.5 million, the new bridge will connect the Ha Noi-Hai Phong Highway and the Ha Long-Hai Phong Highway. The 25m wide bridge will measure some 3km long in all, spanning the Bach Dang River. Much of the funding for this construction project is being supplied by Quang Ninh Province People's Committee. The project is being carried out under the build-operate-transfer model by the Bach Dang Bridge BOT, in collaboration with SE of
    Read More
  • Vietnam's road expansion
    May 28, 2012
    Vietnam is seeing significant expansion of its highway network at present, with another three major projects now moving forward and much of the financial backing coming from other Asian nations such as South Korea and Japan. A feasibility study is being carried out for the 94km Nghi Son-Bai Vot expressway and this should be complete by October 2010. The project is expected to cost US$1.04 billion and the expressway will have either six or four lanes, based on Transport Engineering Design's study.
    Read More

Highlighted Content