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.
Authorities in Vietnam’s southern Ho Chi Minh City are seeking prime ministerial approval for the nearly 2.2km-long Thu Thiêm Bridge 4 project. The six-lane bridge will cost more than US$230 million and be a build-transfer contract, according to a report in the Vietnam Investment Review. In September, Ho Chi Minh’s City’s People’s Committee said it is considering three investors for the work - Phát Đạt Corporation Real Estate Development, Investment Corporation 620 and 168 Construction Development Investmen
A new highway is being planned for Vietnam that will run from north-south and feature four traffic lanes, with two in either direction. The project has been put forward to the Vietnam Government by the country’s Ministry of Transport (MOT). The route of the highway has still to be revealed but the link would improve travel connections between capital Hanoi in the north of the country and Ho Chi Minh City in the south. Running for some 1,372km in all, the highway has an estimated cost of US$10.25 billion to
