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

  • Liebherr piling machines on Vietnam road project
    March 7, 2018
    Crucial piling work for the elevated approach to a bridge at Haiphong in Vietnam has been carried out by a Liebherr rig Highly productive and reliable, the Liebherr LB36-410 rig has been used to complete piles for the new bridge link. The machine has had success drilling through waterlogged ground and has helped to keep the project on schedule. Vietnamese ground engineering and foundations specialist contractor, Dua Fat Foundation Joint Stock Company has been using the Liebherr LB 36-410 rotary drillin
    Read More
  • Chinese firm to offer €2.5bn for construction of Serbian motorway
    August 23, 2012
    Serbian Minister of Construction and Urbanism, Velimir Ilic, claims the China Roads and Bridges Company (CRBC) has verbally agreed to invest €2.5 billion (US $ 4.8bn) to enable the construction of the Corridor 11 motorway. Ilic said that an official CRBC offer to fund and build the key motorway route will be submitted from the beginning of September 2012.
    Read More
  • Canada’s toll Highway 407 extension east of Toronto opens
    June 21, 2016
    A US$780 million eastward extension to Toronto’s major toll highway 407 has opened after four years of construction. Work on 407 East Phase 1 project – which also included construction of the smaller Highway 412 – involved building more than 148 lane-kilometres and 11 interchanges. The 22km road stretches from Brock Road in the town of Pickering to Harmony Road in the city of Oshawa. Highway 412 is a 10km north-south road that connects Highway 407 to Highway 401. Travel on the toll road will be free u
    Read More
  • Funding issues – delays to Kenya’s major highway project?
    April 17, 2018
    Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,
    Read More

Highlighted Content