Revised traffic development plan for Hanoi, Vietnam to cost US$462.52mn
A new flyover and express bus routes are among revisions to a new traffic development plan for Hanoi City, Vietnam set to cost US$462.52 million (VND9.66tn). The revised plan has been put forward by The People's Committee of Hanoi City.
March 4, 2013
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A new flyover and express bus routes are among revisions to a new traffic development plan for Hanoi City, Vietnam set to cost US$462.52 million (VND9.66tn). The revised plan has been put forward by The People's Committee of Hanoi City.
A bridge project is being planned in Vietnam’s Ho Chi Minh City that will span the Saigon River. The project is for the Thu Thiem 4 Bridge, which will measure 2.16km and connect District 2 with District 7.
Vietnam's Quang Ninh province has backed a new design proposed by Japanese developer SE Group for the 4.3km Bach Dang Bridge. The new design will change the original prestressed concrete bridge design to a steel cable-stayed bridge. The modification will lower the girder height, reduce the bridge length and alter the main span length. The altered draft is awaiting final approval from the authorities. SE Group has also requested to cut the expenses for the project to US $ 386 million from $ 483 million. The
Vietnam has major plans to develop its transportation infrastructure by 2020. The work required could cost in the order of US$45.9 billion. Of this, some 64.1% will be required to improve the national road system. The State Budget has so far provided approximately 30-40% of the financing required. However, the country has a need for international investment to further develop its transportation system. One of the barriers to PPPs has been a lack of clear policy on indirect government support. Another proble
