International funding for Vietnam project

Funding for a 3km cable-stayed bridge in Vietnam's Mekong Delta region will be boosted with financial backing from the Export-Import Bank of Korea (Korea Eximbank).
February 13, 2012 Read time: 1 min
Funding for a 3km cable-stayed bridge in Vietnam's Mekong Delta region will be boosted with financial backing from the Export-Import Bank of Korea (Korea Eximbank). In all, the bank will provide US$200 million financial assistance from its economic development cooperation fund (EDCF). This is the biggest financial aid ever offered by the EDCF. The project is receiving major assistance from international sources. The bridge project forms part of the $750 million Central Mekong Delta Region Connectivity Project, in which the Philippine-based 943 Asian Development Bank (ADB) and AusAid of Australia would also contribute towards the development. While AusAid would assist in the construction of one more bridge in Cao Lanh area with a financial aid of $130 million, ADB would pump $220 million into the construction of a highway of 16km to link the two bridges.
Road Structures

For more information on companies in this article

Related Content

  • Japanese funding for Cameroon road link
    March 15, 2016
    Work to develop an important road link in Cameroon is benefiting from Japanese funding.
    Read More
  • Bridge engineering worldwide
    July 1, 2013
    Guy Woodford looks at vital bridge construction, repair and inspection projects in China, Europe, North America and Australia The Heron Road Bridge in Ottawa, Ontario in Canada is a vital link within the City’s transport network, as it crosses the Rideau River, which divides the east and west parts of the City. Constructed in 1966-1967, the Heron Road Bridge is approximately 275m long and includes six lanes.
    Read More
  • New bridge project to boost Myanmar-Thailand cross-border connectivity
    June 4, 2015
    The tender process is being planned for the Myanmar-Korea Friendship Bridge, which will connect Myanmar’s commercial centre Yangon to Dala Township. Over $137 million in loans have been pledged by the Korean Economic Development Cooperation Fund to develop the 1.87km long suspension bridge. The tender process will be international and the work is due for completion by 2020. In all the project is expected to cost in the region of $168 million.
    Read More
  • Laos- Thailand bridge project requires funding
    February 26, 2018
    Laos is seeking funding assistance from sources in Thailand to help pay for a 1.35km bridge project spanning the Mekong River to connect the two countries.
    Read More

Highlighted Content