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 key highway project worth in excess of US$364 million has been revealed in Vietnam. The first package of works for the upgrades to National Highway 20 was awarded by the Ministry of Transport of Vietnam to contractor, Management Board 7. The company will carry out work worth some $220 million, which involves building a 123km road as well as 16 bridges that will link Highway 725 in Lam Dong to Dau Giay Junction in Dong Nai Province. The work is being carried out under a build, operate and transfer type con
The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
