Skip to main content

PPP highway project for Vietnam

In Vietnam the public-private partnership model is being used for a new 32km highway project in the Keokong Delta.
February 10, 2012 Read time: 1 min
In Vietnam the public-private partnership model is being used for a new 32km highway project in the Keokong Delta. This US$311.6 million project is for the My Thuan-Can Tho highway and work is scheduled to commence this year with the completion date expected in 2015. 2560 Vietnam's Ministry of Transport said that the funding will come from a combination of sources including private investors, Vietnam's Government as well as foreign and local loans. The Cuu Long Traffic Infrastructure Investment, Development and Management will carry out the work.

Related Content

  • Vietnam ponders PPP for Ring Road 4 work in Ho Chi Minh City area
    April 24, 2019
    A 36km segment of 197km Ring Road 4 project in the Long An Province could cost as much as US$300 million, according to a prefeasibility study. The segment runs from Ben Luc rural district to Hiep Phuoc Port in the Ho Chi Minh urban area, as noted in the study prepared by Cuu Long Corporation. The government is considering offering the work as a public-private partnership. The road would feature 10 bridges and an overpass at an intersection with National Highway 1. If approved, work could start i
  • US DOTs in critical funding battle
    February 9, 2012
    In the US, state DOTs are preparing for the upcoming reauthorisation battle in a tough economic and political climate. Set to expire by the end of the year, the bill is a critical funding source for many transportation projects in the US. However transportation officials in the US are facing a tough battle as the political and economic climate has changed considerably since the last reauthorisation was passed, shortly after President Obama's inauguration in January 2009. Since then, the recession has contin
  • Vietnam highway construction
    October 5, 2018
    Vietnam’s Van Don-Mong Cai highway is expected to cost US$471.4 million to construct. The 80km-long highway will be built in Quang Ninh Province in the north of the country. The route will feature two lanes in either direction and the project will be carried out under the build-operate-transfer, PPP model. Construction is expected to take 22 months to complete, with the work being carried out by a joint venture comprising Van Don Sun, Long Van Infrastructure Investment and Development and Cong Thanh
  • New tolled highway plans for Indonesia
    November 1, 2012
    The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.