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

  • MNT proposes Philippines expressway revenue share with government
    April 12, 2013
    An equal revenue sharing proposal has been presented by Manila North Tollways (MNT) to the Bases Conversion and Development Authority (BCDA) for running the 94km Subic-Clark-Tarlac Expressway in the Philippines. This is the third proposal devised by MNT since the firm secured the contract to operate and manage the Expressway in 2010. MNT has also offered to subsidise the current US$750.42 million (PHP 31bn) debt owed by the Philippines government to the Japan International Cooperation Agency, who provided t
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • Vietnam sets highway plan of action
    May 28, 2012
    Additional funding is being sought for the third stage of a project that will upgrade the 3,010km Ho Chi Minh Highway in Vietnam. The third phase of the project has an estimated investment capital of some US$14.7 billion and foreign and local investors are being invited to invest in the road through different funding structures. The funding models will include the proven build-transfer-operate (BTO), build-transfer (BT) and build-operate-transfer (BOT) systems, with from 20%-30% of the funding to come from
  • Vietnam expressway opening
    May 3, 2022
    A new Vietnam expressway will be opening shortly.