Skip to main content

Vietnam Government seeks investors for US$ 2.68bn elevated highways

The Vietnamese Government is seeking investors to support the construction of four 34.5km elevated highways valued at a combined US $ 2.68 billion in Ho Chi Minh City. Prime Minister and the Ministry of Transport are said to be tweaking the project, agreed by Government in 2007, in a bid to lure its first investors.
October 9, 2012 Read time: 1 min
The Vietnamese Government is seeking investors to support the construction of four 34.5km elevated highways valued at a combined US $ 2.68 billion in Ho Chi Minh City. Prime Minister and the Ministry of Transport are said to be tweaking the project, agreed by Government in 2007, in a bid to lure its first investors.

Related Content

  • India’s US$13 billion expressway project
    August 14, 2024
    India’s US$13 billion Delhi-Mumbai expressway project should be complete in 2025.
  • Brazil: Rate of return for upcoming road tenders set at 9.2%
    July 16, 2015
    Brazil's Treasury Ministry has confirmed that the rate of return for the upcoming highway concession auctions is to be set at 9.2%, up from the 7.2% used in the previous round of tenders in 2013. The lower return is to ensure that the road tolls are lower. However, critics said the measure is not high enough and many contractors are looking for a rate of return of at least two digits, Brazil media reported. Even the increased rate as it stands will not lead to a greater number of contractors tendering fo
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.
  • RFQ is out for the Gordie Howe Bridge to link US and Canada
    July 22, 2015
    The bidding process has started for the Gordie Howe International Bridge that will link Detroit in the US state of Michigan and Windsor, in the Canadian province of Ontario. The Windsor-Detroit Bridge Authority (WDBA) has sent out a request for qualifications (RFQ) for the bridge that will likely be either cable stayed or suspension to cross the Detroit River. The bridge also likely will come with a hefty price tag – around US$1.62 billion, as World Highways reported in May in a feature on the proposed b