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.
A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).
East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
Plans are in hand in South East Asia for an improved road link connecting Vietnam, Thailand, Myanmar and Laos. A loan from the Asian Development Bank (ADB) worth US$100 million will help fund the work for the 66.4km section running between Kawkareik and Eindu in Myanmar. The highway will run for some 1,450km in all. The road will be called the East-West Economic Corridor and is of key importance to open up trade and transport between these nations. Talks for this project are underway at present.
