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.
Feasibility studies have been carried out for the No 3 and No 4 beltway projects in Vietnam. The studies were carried out by State-owned firm Transport Engineering Design Inc in the South (TEDI South). These two major beltway projects will require investments pegged at an estimated US$5.35 billion in all and if work goes ahead as planned, the links should be ready for use in 2016. The 148km No 4 beltway will connect Ho Chi Minh City (HCMC) with towns in nearby provinces, such as Ben Luc Town and Trang Bom T
