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 received around US$2.07 trillion (PHP90 trillion) between 2011 and 2013 from private investors for major transport infrastructure projects, according to the country’s Ministry of Transport. Among the contracts awarded to private investors during 2011-2013 is the expansion of National Highway No 1 that is to be carried out under a build-operate-transfer (BOT) basis with an investment, while others are awarded as public-private partnership (PPP) or build and transfer (BT) projects.
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