Vietnam pushes ahead with road programme

Plans are in hand for a groundbreaking ceremony on Vietnam's Ben Luc-Long Than expressway during July-September 2011.
February 29, 2012 Read time: 2 mins
Plans are in hand for a groundbreaking ceremony on Vietnam's Ben Luc-Long Than expressway during July-September 2011. The project is expected to cost in the region of $1.6 billion, with $337 million for people's relocation and site clearance coming from Vietnam's Government.

Meanwhile the 2416 Japan International Cooperation Agency will provide an investment of $635 million. The 943 Asian Development Bank (ADB) will loan $635 million for the 57.8km expressway. The work on the highway will take four years. In addition, work is now to proceed on the Tan Son Nhat-Binh Loi road project in Vietnam. Financing from the Xi Grand Court project will be transferred to the development of Tan Son Nhat-Binh Loi outer road (TSB road).

Approval from the government for South Korea's GS Engineering & Construction to transfer the project has been conveyed by the Ho Chi Minh City's People's Committee. The beltway will be able to connect Thu Duc district with Tan Son Nhat airport. Initially, GS Engineering & Construction was supposed to provide US$340 million for the beltway.

Meanwhile 2560 Vietnam's Ministry of Transport will be working with 3383 Korea Eximbank on several transport infrastructure projects. The loans include $100 million for the Vinh Thinh bridge project, $200 million for the Vam Cong bridge project and $120 million to build the southern coastal corridor road route.

For more information on companies in this article

Related Content

  • Croatia opens 17.5km section of Corridor 5c
    December 14, 2022
    The majority of the 5c, or Vc, route crosses Bosnia and Herzegovina and is a key priority for the European Bank for Reconstruction and Development (EBRD)
    Read More
  • Tunnelling conference and competition
    September 23, 2019
    The annual tunnelling conference and competition is due to take place in Miami from the 18th-20th November in Miami, Florida. The competition features eight categories and aims to identify the most important ongoing underground works and technologies that help cities change and enable habits and ways of life to evolve in order to build smart and sustainable urba
    Read More
  • We can be Heroes
    January 11, 2023
    Paraguay’s Puente Héroes del Chaco will provide a vital transport link for the country once it is complete, Mauro Nogarin and Mike Woof report
    Read More
  • Concrete Solution for Vietnam
    May 2, 2012
    Transportation project development in Vietnam will be using cement instead of asphalt. A plan for the switch to cement through 2020 will be drafted by the Department of Planning and Investment. The plan will have a vision through 2020. A deal to support such switch has been entered by the Ministries of Construction and Transport. A pilot for the cement usage will take place with the development of a road stretching 25 km to link Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. Longevity of the roads will b
    Read More

Highlighted Content