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 Cuu Long Transport Infrastructure Management Investment and Development Corporation - Cuu Long Transport – is seeking approval for an expressway linking Ho Chi Minh City and the Cambodian border.
Stage one of the US$1.38 billion project would be just over 55km costing around $670 million with a second 38km stage costing $718 million and to include viaducts.
Cuu Long hope to raise cash through government agencies as well as loans from the Asian Development Bank for the expressway that would b
Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
Plans are in hand to construct a bridge spanning the Soai Rap River. The project has been given official approval from the Ho Chi Minh City (HCMC) People's Committee. The project for the new Can Gio Bridge is expected to cost close to US$352 million. The 3.4km bridge will carry four lanes of traffic and will connect Can Gio district with the inner part of HCMC. Can Gio Urban Tourism, and Trung Nam Construction Investment jointly worked on the plans for the bridge.
