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.
Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f
Plans are in hand for road widening work and surfacing upgrades for a key route crossing Zimbabwe. The highway upgrade is being carried out by a joint venture partnership between Chinese firm China Harbour Engineering Company (CHEC) and Austrian Company Geiger International. This follows agreements being reached between the joint venture partners and the Zimbabwe Government. The work is needed as the existing road links along the route are unable to cope with that current traffic volumes that include a high
