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

  • New highway links planned for Vietnam
    November 9, 2017
    Several major highway projects are being planned for Vietnam. The largest is for the construction of the North-South Expressway, which will improve transport connections for the country. Financing is being secured for the North-South Expressway, with some US$5.23 billion being secured. The Vietnamese Government will pay up to 39% of the cost of the work, with loans and private sector funding paying for the remaining 61%. Meanwhile a South Korean contractor will carry out a series of road projects in Can
    Read More
  • Tanzanian project aided by Japanese financing
    September 15, 2017
    Funding from Japan now looks likely to help pay for a highway project in Tanzania. The Japan International Cooperation Agency (JICA) is planning to offer US$1.4 billion for Tanzania’s New Bagamoyo Highway road project. The deal has yet to be finalised, but construction work should commence in June 2018, should all go to plan. Once the work starts, this will improve the connection between Mwenge and the Kawawa intersection.
    Read More
  • Vietnam’s key highway project feasibility study
    March 9, 2018
    The feasibility study is being handled for a stretch of Vietnam’s North-South highway project. The project is likely to cost US$5.22 billion, of which $2.8 billion will be provided by private funding sources, with the remainder coming from the Vietnamese Government’s sources. The project is being overseen by Vietnam’s Ministry of Transport. Vietnam’s Department of Public-Private Partnership (PPP) Projects has urged the bodies involved with eight PPP sub-projects to complete feasibility studies for these
    Read More
  • Vietnam discusses highway projects with World Bank
    February 29, 2012
    Vietnam's Ministry of Transport has given its approval for the six-lane Thanh Hoa-Ninh Binh highway project, which will follow the PPP model.
    Read More

Highlighted Content