Key highway projects planned for Vietnam

Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
February 22, 2012 Read time: 1 min
Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.

The Nghi Son-Bai Vot Expressway will cost $1 billion to build and 2560 Vietnam's Ministry of Transport hopes to source a loan from the 2332 World Bank for the project. At present, the Ministry is putting the projects through the tender process, and the deals will be made under either the build-operate-transfer (BOT) or public-private partnership (PPP) models.

To date, nine companies including 3042 POSCO of South Korea; 3043 Bangkok Mass Transit System Public Company and Asia China Investment Fund have expressed interest.

Meanwhile the Ministry is applying pressure to the Ho Chi Minh Highway Project Management Unit to speed up preparation work for the 80km La Son-Tuy Loan section of the Ho Chi Minh Highway.

The project runs from Tuan Bridge in central Thua Thien-Hue province to Danang's Tuy Loan village, and Singapore-based DBS Bank has said it will provide funding worth $850 million to build the highway.
Road Structures

For more information on companies in this article

Related Content

  • Vietnam bridge faces contractor challenge
    February 1, 2023
    A key Vietnamese project bridge faces a contractor challenge.
    Read More
  • Vietnam’s North-South Expressway tenders open
    October 1, 2019
    A series of tenders are opening for Vietnam’s landmark North-South Expressway project. Eight sections of the route are being opened for bidding, with these being planned under the build-operate-transfer model. Financing for these eight stretches will be provided by a combination of bank loans, private investors and government funding. The winning bids should be revealed in early 2020. In all the North-South Expressway is expected to cost nearly US$4.3 billion.
    Read More
  • Vietnam highway building being speeded up
    August 22, 2017
    Vietnam’s Ministry of Transport is to prioritise construction of the new North-South Expressway. The project will provide a much improved connection between the country’s north and south, speeding transport and boosting safety. It will feature from four to six lanes and have speed limits ranging between 80km/h and 120km/h. The cost of the project is expected to be US$13.75 billion, with 17 of the 20 work packages being carried out under the build-operate-transfer model.
    Read More
  • Vietnam’s massive transport infrastructure development
    March 13, 2025
    Vietnam has a massive programme of transport infrastructure development.
    Read More

Highlighted Content