Vietnam’s Dau Giay-Phan Thiet expressway project attracts foreign investors

At least 15 foreign investors will attend a meeting on the construction of the Dau Giay-Phan Thiet expressway in Vietnam, according to the country’s Ministry of Transport's public-private partnership (PPP) department. The expressway will link the National Highway No 1A in Binh Thuan Province with the under-development HCM City-Long Thanh-Dau Giay expressway. Moreover, one foreign investor will be selected to partner with local company Bitexco Group to build the project. The project is valued at about
August 27, 2013 Read time: 1 min
Foreign investors are showing strong interest in Vietnam’s new expressway
At least 15 foreign investors will attend a meeting on the construction of the Dau Giay-Phan Thiet expressway in Vietnam, according to the country’s Ministry of Transport's public-private partnership (PPP) department.

The expressway will link the National Highway No 1A in Binh Thuan Province with the under-development HCM City-Long Thanh-Dau Giay expressway.

Moreover, one foreign investor will be selected to partner with local company 2718 Bitexco Group to build the project. The project is valued at about US$750 million and Bitexco Group will cover 60% of the cost. Between Q4 2013 and 2014, a second investor will be selected.

The key project meeting involving potential foreign investors will take place on 19 September 2013.

For more information on companies in this article

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