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

  • Tanzania’s new bridge project moving forward
    July 31, 2018
    A South Korean contractor, GS Construction, looks set to build the new Selander Bridge in Tanzania’s capital, Dar es Salaam. The deal was signed between GS Construction and the Tanzania National Roads Agency (Tanroad). The new bridge comes with a pricetag of some US$126.26 million and will take until 2021 to complete. The project includes the 1.4km bridge plus upgrades to up to 7km of connecting roads. Nearly 83% of the funding required for the project will be supplied by South Korean sources, with the
    Read More
  • Funds agreed, further funds sought for Paraguay road and bridge projects
    May 13, 2014
    Paraguay's Ministry of Public Works and Communications (MOPC) has requested a US$289.45 million donation from the Mercosur Structural Convergence Fund (Focem) for the second stage of the Costanera road project (Costanera II) and a second bridge connecting the country to Brazil. Of this total, around $117.44 million will be allocated to works on Costanera II. This is higher than the initial estimate of $100 million, with 60% covered by Focem and 40% financed by a local counterpart. The bridge, which will req
    Read More
  • Investment in Vietnam’s Dung Quat-Sa Huynh road passes US$267mn
    July 3, 2012
    Vietnam’s Dung Quat-Sa Huynh road project, on which initial works are being carried out, will receive additional funds for land clearance and construction. The cash injection increases the amount invested in the project in Quang Ngai Province to more than US$267.68million (VND 5.60tn).
    Read More
  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
    Read More

Highlighted Content