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$100 billion highway investment
    May 29, 2012
    India intends to continue its massive investment in highway spending. Predictions for the next five years say that up to US$100 billion will be spent on road building in the country in the coming five years. The Ministry for Road Transport and Highways plans to build 35,000km of highways, with 60% being provided by the Government budget and 40% from the private sector. The Ministry of Road, Transport and Highways will open up tendering for nine highway projects. The National Highway Authority of India (NHAI
    Read More
  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Myanmar’s international connections with neighbours
    April 6, 2018
    A major road development will be the establishment of a new link connecting Myanmar with other countries in South East Asia. The new highway will allow drivers to travel from Myanmar to Thailand as well as Vietnam and Cambodia. A loan worth US$144.3 million from Thailand will help pay for the section of the route in Myanmar between Dawei and Hteekee. Once complete the highway will connect Ho Chi Minh City in Vietnam with Siem Reap and Phnom Penh in Cambodia and Kanchanaburi and Bangkok in Thailand. Called
    Read More
  • Key Argentina highway works planned
    March 2, 2017
    Argentina is planning two new highway projects to widen and improve key sections of Route 40 and Route 33. A US$291 million project will upgrade a stretch of the existing Route 40 to highway status. The two year project will see the widening of the road between Mendoza and San Juan and the construction work will start in the third quarter of 2017. Argentina’s Transport Ministry has said that the project will be funded by the Federal Government. A second stretch of Route 40 will also be widened and upgraded
    Read More

Highlighted Content