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.
In Kosovo, work is pushing ahead of schedule on the Route 7 highway to link capital Pristina with the Albanian border. Sections of the 120km highway have been opened, one year ahead of schedule. An official opening of several sections of the highway has been carried out by Kosovan leaders, including Prime Minister Hashim Thaçi, President Atifete Jahjaga, and members of Parliament, along with Albanian Prime Minister Sali Berisha and US representatives Eliot Engel (D- NY) and Gary Peters (D-MI) joined thousan
The Japanese SE Group is working on a new road project in Vietnam. The 25km highway is costing some US$476 million to construct, with some 60% of the funding coming from the JBIC Bank and SE Group providing around 20%. The rest of the funding will be provided by official development assistant capital. This new road will provide a link from the city of Halong in Vietnam's Quang Ninh province to the Hanoi-Haiphong highway project.
