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

  • Vietnam’s major road works are underway
    January 10, 2023
    Vietnam’s major road works are underway as North-South Expressway stages commence.
  • New Turkish highway receiving financing
    September 21, 2012
    Financing is being made ready for a highway project in Turkey. The upgraded route will connect Turkey’s commercial centre, Istanbul, with the port city, and holiday destination, Izmir. Work will be carried out along a 45km stretch and also includes construction of a new suspension bridge. Some US$1.35 billion will come from Turkish banks including Akbank, Finansbank, Halk Bank, Garanti, Vakfbank, Yap ve Kredi Bank and Ziraat Bank.
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
  • Honduran road improvement plan
    February 8, 2012
    Honduras intends to spend US$400 million on upgrading its road network. The World Bank will provide $110 million