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.
The authorities in Vietnam are planning several key infrastructure projects, including the new Cho Chien Bridge and improvements to Provincial Road No15 amongst others. The new Cho Chien Bridge will connect Ben Tre and Vinh Long provinces and this is expected to cost in the region of US$182 million. The project will now be carried out under the PPP model instead of a BOT scheme, which had been envisaged earlier in the planning stage. This change is due to the fact that TLIC will now carry out the project in
