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

  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
  • Spanish Government has US$809.37 million of road project tenders
    January 31, 2013
    The Spanish government through its Ministry of Works has at least ten road construction projects worth a combined value of US$809.37 million (€600mn) ready for tendering. The investment is widely reported as being much-needed at a time when the sector is undergoing hardship due to the downturn in awarded work, and the sharp fall in tendering levels in 2012. Around five of the projects are said to be ready for immediate tendering. The biggest tender in terms of budget is worth €230 million and involves two p
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
  • ARTBA’s research reveals US public supports infrastructure investment
    November 15, 2012
    According to the American Road & Transportation Builders Association (ARTBA), US voters are keen to see increased spending on infrastructure. ARTBA’s analysis suggests that voters approve nearly 70% of state and local transportation ballot initiatives, which is consistent with the results of the last four US elections. ARTBA tracked 31 measures overall; five were statewide initiatives and 26 were local. The measures would increase or extend funding for highways, bridges and transit. All of the seven bond in