Vietnam sets highway plan of action

Additional funding is being sought for the third stage of a project that will upgrade the 3,010km Ho Chi Minh Highway in Vietnam. The third phase of the project has an estimated investment capital of some US$14.7 billion and foreign and local investors are being invited to invest in the road through different funding structures. The funding models will include the proven build-transfer-operate (BTO), build-transfer (BT) and build-operate-transfer (BOT) systems, with from 20%-30% of the funding to come from
May 28, 2012 Read time: 2 mins
RSSAdditional funding is being sought for the third stage of a project that will upgrade the 3,010km Ho Chi Minh Highway in Vietnam.

The third phase of the project has an estimated investment capital of some US$14.7 billion and foreign and local investors are being invited to invest in the road through different funding structures.

The funding models will include the proven build-transfer-operate (BTO), build-transfer (BT) and build-operate-transfer (BOT) systems, with from 20%-30% of the funding to come from Vietnam's State budget.

Planned highway sections include the 282km Khe Co-Cam Lo stretch and the 322km Cho Ben-Khe Co section and these will be developed starting 2025. Other planned sections include 102km Cay Chanh-Chon Thanh stretch, the 63km Chon Thanh-Binh Phuoc stretch and intersection and a 160.4km section for Chon Thanh-Duc Hoa-My An. These are planned for the 2020-2025.

Meanwhile the 143km Binh Ca-Son Tay-Cho Ben section and 392km Tum-Gia Lai-Dak Lak-Dac Nong section will be developed between 2015 and 2020. Three four-lane highway road sections include the 182km Cam Lo-Tuy Loan, the 53.4km Lo Te-Rach Soi stretch and the 76km My An-Lo Te section, which will be developed from now until 2015.

Related Content

  • Ecuador’s joint fund system is joined by 80% of public transport operators
    December 11, 2013
    A novel system in the Ecuadorian capital of Quito requiring public transport operators to share a payment fund has been joined by 80% of operators. The new system aims to reduce competition on the roads, as, prior to adoption of the payment fund approach earlier this year, different operators sought to transport as many passengers as possible, due to their income being based on the money earned from passengers on their routes each day. Under the payment fund operation, money earned enters a joint fund w
    Read More
  • Vietnam's additional highways
    March 2, 2012
    Plans are now well in hand for two major highway projects in Vietnam.
    Read More
  • New expressway link proposed for Vietnam
    May 22, 2019
    A new expressway project is gathering momentum in Vietnam with approvals being given for the link between Moc Chau and Hoa Binh. The authorities are considering implementting the project under the PPP model. Building the 85km link is expected to cost US$955.5 million and the work will help reduce congestion on the existing National Highway No6. The work will face some challenges as the topography between Moc Chau and Hoa Binh is hilly. The new route will allow vehicle speeds of up to 80km/h.
    Read More
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
    Read More

Highlighted Content