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

  • Philippines planning series of highway projects
    August 10, 2017
    A series of major highway projects are now being planned in the Philippines. The largest of this most recent set of highway projects to be announced is for the US$1.24 billion NLEx-Cavitex Port Expressway Link put forward. Measuring 15km the route would be constructed featuring four lanes. This proposed link would connect the Cavite Expressway and North Luzon Expressway in Metro Manila. The proposal for the project has been made by Manila North Tollways, a subsidiary of Metro Pacific Investments.
  • Abertis owed US$1.39bn from Spanish government for AP-7 Catalonia expansion
    March 6, 2013
    The debt owed by the Spanish Government’s Ministry of Works to infrastructure firm, Abertis, for the expansion of the AP-7 road in Catalonia stood at €1.07 billion (US$1.39bn) by the end of 2012 – an increase of 40.7% in just one year. The concession firm, Acesa, which is part of the Abertis group, signed an agreement with the Government in 2006 to add an additional carriageway on certain stretches of the highway, with the toll system also being changed to a payment model on exit instead of central tolls. T
  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
  • ADB’s US$150mn loan will help pay for Azerbaijan’s Masally-Shorsulu highway
    February 11, 2014
    The Asian Development Bank (ADB) is set to transfer the US$ 150 million second tranche of a loan for construction of Masally-Shorsulu highway in Azerbaijan. The first $250 million ADB loan tranche has already been sent, with the overall project cost set to reach $625 million. Azerbaijan will get a $100 million third ADB loan tranche in 2016, taking the Bank’s total loan investment in the new highway to $500 million. Reconstruction of all Azerbaijan’s highways is set to cost at least US$38.2billion (AZN 29.