Skip to main content

Vietnam link due

Construction of Vietnam’s Da Nang - Quang Ngai Expressway is due to commence at the end of 2012.
March 14, 2012 Read time: 1 min
RSSConstruction of Vietnam’s Da Nang - Quang Ngai Expressway is due to commence at the end of 2012. Loans for the project are being provided by the 2416 Japan International Cooperation Agency and 2332 World Bank. The 130km expressway is expected to cost US$1.35 billion to construct and is expected to be open for traffic in 2016. Meanwhile official approval has been given by the Chinese authorities for a new bridge that will link China with Vietnam.  The majority of the funds required for the bridge project will be provided by China, which is giving $35 million of the $40 million needed for the work. 

For more information on companies in this article

Related Content

  • New congestion busting plan for Philippines
    October 10, 2014
    A new transport plan is being drawn up in the Philippines in a bid to deal with the country’s frequent traffic delays. The National Economic and Development Authority (NEDA) has commissioned the World Bank to set out a country-wide infrastructure roadmap. This plan is called the 'Philippine Transport Infrastructure Development' by the World Bank is in broadly in line with the Japan International Cooperation Agency (JICA)'s 'Dream Plan' for the country. Both outline sustainable development for Manila by 2030
  • Vietnam discusses highway projects with World Bank
    February 29, 2012
    Vietnam's Ministry of Transport has given its approval for the six-lane Thanh Hoa-Ninh Binh highway project, which will follow the PPP model.
  • Highway proposals to extend Vietnam’s network
    November 12, 2015
    A series of major highway and road projects have been proposed for Vietnam. Investors have submitted a proposal to build North-South road costing an estimated US$383.8 million. Another proposal has come from the Project Management Board 85 to develop Bien Hoa-Tan Thanh-Cai Mep Seaport expressway, with an estimated cost of $591.5 million.
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t