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.
Vietnam’s government has secured an ODA (Overseas Development Agency) financial support package worth US$844.95 million (JPY 86.4 billion) for four infrastructure projects in the country. A total of $179.75 million (JPY 18.4 billion) of the package will go to Ho Chi Minh City-Dau Giay Highway that is scheduled for completion in July 2016, while another $165.1 million (JPY 16.9 billion) is allocated for Tan Vu-Lach Huyen Road, set to open in early 2017.
Vietnam is working on plans for a major expansion of its expressway network. The plans call for a new network of expressways to be constructed by 2020. The programme of works calls for the construction of 21 new expressways, with a total distance of 6,411km. The new routes will connect major cities including Ho Chi Minh City, Da Nang, Ha Noi as well linking with Vietnam’s major seaports. The new routes also will also improve connections from Vietnam’s major cities to its key border crossings, main economic
The Vietnamese capital of Hanoi is looking to build 18 bridges and upgrade several city roads into major urban thoroughfares, according the latest transportation development plan.
The People's Committee of Hanoi - the city authority – drafted the US$55 billion plan that focuses on all transportation development from now up to 2030.
Contract types under consideration include build-own-operate (BOO), public private partnership (PPP), build-operate-transfer (BOT) and build-transfer, according to a report
The Vietnamese Government is giving its approval for the construction of a new tolled expressway connecting Phan Thiet with Dau Giay. The work will be carried out under the PPP model. Building the expressway will improve transport connections to the coastal area around Phan Thiet. Dau Giay is located just to the east of Ho Chi Minh City, so the new link will provide an important transport connection that will boost the economy for Phan Thiet.
This deal comes shortly after the announcement of a new 85km str
