Contract awarded for key Vietnamese expressway

A consortium comprising local contractor Civil Engineering Construction Corporation (Cienco 4) and Japanese company Sumitomo Mitsui will carry out construction work on Vietnam’s new Ben Luc-Long Thanh expressway. This is the first package for the first phase of works on the expressway, with this tranche expected to cost in the region of US$1.6 billion. Vietnam’s Government is providing $337 million of the funding required. Some $635 million is coming in the shape of a loan from the Japan International Co-op
July 17, 2014 Read time: 1 min

A consortium comprising local contractor Civil Engineering Construction Corporation (Cienco 4) and Japanese company 2714 Sumitomo Mitsui will carry out construction work on Vietnam’s new Ben Luc-Long Thanh expressway. This is the first package for the first phase of works on the expressway, with this tranche expected to cost in the region of US$1.6 billion. Vietnam’s Government is providing $337 million of the funding required. Some $635 million is coming in the shape of a loan from the Japan International Co-operation Agency, with another loan worth $636 million being provided by the 943 Asian Development Bank. Construction work is commencing and will be due for completion on this stage of the expressway by the close of 2014.

Road Structures

For more information on companies in this article

Related Content

  • Vietnam road and port projects to be funded by ODA package
    March 27, 2014
    Vietnam’s government has secured an ODA (Overseas Development Agency) financial support package worth US$844.95 million (JPY 86.4 billion) for four infrastructure projects in the country. A total of $179.75 million (JPY 18.4 billion) of the package will go to Ho Chi Minh City-Dau Giay Highway that is scheduled for completion in July 2016, while another $165.1 million (JPY 16.9 billion) is allocated for Tan Vu-Lach Huyen Road, set to open in early 2017.
    Read More
  • Vietnam's new bridge deal
    February 14, 2012
    Funding and assistance from Australia, South Korea and the Asian Development Bank (ADB) will help finance key road and bridge projects in Vietnam.
    Read More
  • US$5.9 billion for three Philippines expressways
    July 10, 2024
    US$5.9 billion is being spent for three new expressways in the Philippines.
    Read More
  • Two new Vietnam expressways
    February 15, 2017
    Work on two new expressways will commence in Vietnam during 2017. The projects are both being managed by the Vietnamese Government and are being constructed in the southern province of Dong Nai. A build-operate-transfer (BOT) format will be employed for the construction of a 60-kilometer-long first section A 60km expressway will run through Tan Phu and Dau Giay and join with the Dau Giay-Lien Khuong expressway, with the work being carried out under the build, operate, transfer model. This expressway
    Read More

Highlighted Content