Skip to main content

Vietnamese highway in two stages

Vietnam's Bien Hoa-Vung Tau expressway project will now be handled in two separate stages.
February 24, 2012 Read time: 1 min
Vietnam's Bien Hoa-Vung Tau expressway project will now be handled in two separate stages. The Ministry of Transport (MoT) opted to divide the highway deal into two independent sub-projects. One phase will be for a 30km stretch connecting Vung Tau city and Phu My. The other stretch will connect Phu My and National Highway 51 with an 8km expressway and Bien Hoa and Phu My with a 39km expressway. In all, the project requires US$775 million in funding. Some of the financing is being provided by the 2416 Japan International Cooperation Agency (JICA).

For more information on companies in this article

Related Content

  • Highway developments in India
    April 13, 2012
    A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million. It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway.
  • Cambodia road reconstruction projects, financing secured
    March 28, 2018
    Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P
  • New Senegal highway to connect major cities
    June 18, 2015
    A new highway in Senegal will connect the cities of Touba and Thiès. Construction work for the 113km highway is being financed by China. This being supplied under a 25 year loan in a package worth some US$704.86 million. The tolled highway is being built by China Road and Bridge Corporation). Work is due to commence shortly, with the construction phase expected to last 45 months. The Senegalese Transport Ministry has stated that tolls will pay back the loan, and that 500-600 permanent jobs will be created i
  • Indian expressway secures funding
    October 12, 2022
    An Indian expressway project has secured necessary funding.