Two deals for Vietnam highway

Work to upgrade the Hanoi-Thai Nguyen section of Vietnam's Highway 3 will now be split into two sub-projects.
February 24, 2012 Read time: 1 min
Work to upgrade the Hanoi-Thai Nguyen section of Vietnam's Highway 3 will now be split into two sub-projects. The Ministry of Transport (MoT) suggested dividing the project to improve efficiency and this has now been approved. The Hanoi section will be carried out under the build-transfer arrangement while the northern Thai Nguyen section will be managed under build-operate-transfer model. A proposal to widen the highway to four lanes as part of the upgrade has been proposed and would cost US$207 million but has still to be approved.

Related Content

  • Korea strategy
    February 6, 2012
    South Korea is setting an ambitious transport and infrastructure budget for 2010. The country intends to invest US$52.51 billion on projects for new roads and highways, as well as rail and port developments.
    Read More
  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More
  • India’s massive plans for highway development
    February 10, 2016
    The Indian Government has set out plans to award highway projects worth at least US$8.84 billion during the next fiscal year. These projects will be offered under the hybrid annuity model, according to a report in the Economic Times. KPMG has stated that some 21 projects for a total of 1,500km and worth close to a third of that sum will be granted by the Indian Government in the current fiscal year.
    Read More
  • Major Europe-Asia bridge connection in Turkey
    July 1, 2014
    The 3rd Bosporus Bridge and the Northern Marmara Motorway will improve transport links between Europe and Asia and cut chronic congestion in Istanbul, Turkey’s largest city - Mike Woof reports Work is now well underway on the 3rd Bosporus Bridge and the Northern Marmara Motorway, providing a new link for Turkish city Istanbul and the region as a whole. This enormous bridge and highway project is breaking several records for Turkey in terms of scale, as well as setting a number of international records for e
    Read More

Highlighted Content