Elevated highways stretching 34.5km in Vietnam's Ho Chi Minh City may be developed at US$2.68 billion. The Prime Minister and the Ministry of Transport are tweaking the project in a move to lure investors. None have come forward at present.
November 30, 2012
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Elevated highways stretching 34.5km in Vietnam's Ho Chi Minh City may be developed at US$2.68 billion. The Prime Minister and the Ministry of Transport are tweaking the project in a move to lure investors. None have come forward at present.
A new report from international consultancy EC Harris says that highway investors consider developed nations to provide the best economic benefits at present.
A new 2.85km bridge is being built in Vietnam to span the Red River at Hung Ha. The Thai Ha Bridge will connect Thai Binh Province and Ha Nam Province with the Ninh Binh highway in Cau Gie Province. The link will be constructed under the build-operate-transfer model and the concession deal means that from 18th October 2016, investors will collect toll revenues from the bridge for 19 years and two months. The highway itself will feature four lanes with a maximum travel speed of 80km/h.
Brazil's national department of transport infrastructure, Dnit, has approved a proposal to suspend work on 29 road projects across 12 states.
The approval comes after severe budget cuts this year and the number of affected works could increase to 61.
Dnit noted, however, that no work will be immediately stopped and that current contracts will be maintained.
The proposal will now go before the Ministry of Transport and Planning and the Office of the Chief of Staff before it can receive final approva
