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

  • Infrastructure works for the Philippines
    August 25, 2022
    Transport infrastructure works are being planned for the Philippines.
    Read More
  • Japan investing in Ugandan roads
    January 31, 2014
    Japanese investment is helping develop Ugandan infrastructure. Construction of the New Nile Bridge is being part-financed by the Japanese Government. Some US$90 million for the dual-lane bridge is being provided through the Japan International Cooperation Agency (JICA). The bridge forms part of the important Northern Transport Corridor of East Africa, which runs from the Port of Mombasa in Kenya through Uganda, Rwanda, Burundi to the Democratic Republic of Congo. This route is vital for Uganda’s economy, as
    Read More
  • Vietnam road infrastructure plans
    February 4, 2019
    New road and bridge links are being opened to drivers in Vietnam, boosting connectivity and transport for the country. The 60km Ha Long-Van Don expressway in Quang Ninh is now open to traffic, having cost around US$514.4 million to construct. The Ha Long-Van Don expressway links the Ha Long - Hai Phong - Hanoi expressway with Van Don Airport and was built by the BOT Bien Cuong Joint Stock Company. And the 47km road stretch connecting the Hanoi-Haiphong and Cau Gie-Ninh Binh expressways is also now open to
    Read More
  • New bridge and highway projects proposed in Philippines
    August 21, 2014
    In the Philippines plans are being developed for a new bridge link connecting Samal Island to Mindanao. The project has been proposed by the local government for Davao del Norte Province. Meanwhile a series of bridge and road projects are being put forward in a bid to develop the tourist trade in the Philippines. The bridge from the Island garden city of Samal would connect with the city of Davao on Mindanao, providing a link to the Francisco Bangoy International Airport. The PPP project looks likely to cos
    Read More

Highlighted Content