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
Read time: 1 min
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.
China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
Vietnam’s North-South Expressway project will boost transport for both goods and passengers. This is the finding of a report from Vietnam's Transport Ministry. According to the report, demand to move goods along the route will climb to 62.3 million tonnes/year by 2020. Meanwhile the report says that the route will handle up to 45.4 million passengers/year by 2020.
Because of its importance to the Vietnamese economy, the Ministry of Transport is highlighting that the country cannot allow the project to suff
The completion date has been announced for sections of Vietnam’s key road project. The North-South Expressway project is being built in eight stretches with the work being handled under the PPP model. Vietnam’s transport ministry is aiming for sections of the route to be built by the second quarter of 2020. Funding worth US$5.09 billion has been secured for the project.
The North-South Expressway forms a key part in Vietnam’s national road strategy. The plan also includes upgrading, improving and maintaini
