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

  • Financial footing for Indian tunnel/highway project
    September 8, 2014
    Funding has been found to finance India’s infrastructure investment into National Highway 1 in Jammu & Kashmir. A deal by ICICI Bank and Srinagar Sonmarg Tunnelway is providing the necessary loans for the Srinagar-Sonamarg-Gumri road and tunnel link. The project involves building a 6km road and 6.5km tunnel and the concession deal also involves maintenance and operation of the link. Srinagar Sonmarg Tunnelway, is a 49:51 joint venture combined of IL&FS Transportation Networks and Soma Enterprises.
    Read More
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.
    Read More
  • BarrierGuard’s successful New Zealand highway installation
    March 10, 2014
    Highway construction in the vast and varied Australasian landscape can be fraught with difficulties. Distance, extreme weather conditions and topographical challenges can all play a part in creating significant obstacles for design engineers. BarrierGuard 800, a state-of-the-art lightweight steel road safety barrier, is said to be proving invaluable in two ongoing projects setting new benchmarks for their respective regions. The US$895.7 million (AUS$1 billion) Gateway WA Perth Airport and Freight Acces
    Read More
  • Colombia: PPP for motorway between Cesar and La Guajira
    March 11, 2015
    In Colombia, the Council of Ministers has given official approval to a fourth public-private partnership (PPP), this time for a motorway between Cesar and La Guajira. The 350km road, costing an estimated US$151 million, will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. The announcement comes Columbia’s National Infrastructure Agency said it will help finance construction of the Toyo tunnel in Antioquia. The tunnel, nearly 10km-long and costing almost $765, wil
    Read More

Highlighted Content