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

  • New Argentina highway construction work
    January 11, 2019
    Construction is underway for Argentina’s new Mendoza-San Juan Highway – Mauro Nogarin reports The rehabilitation and maintenance works of more than 3,300km of routes is now underway in Argentina. This followed on after the takeover of six new road corridors under the Public-Private Partnership (PPP) model, which took place in August 2018. The rehabilitation and maintenance works are being carried out prior to the start of the main projects, which will include the construction of highways. Building the
    Read More
  • A new expressway link for Myanmar
    June 10, 2020
    A new expressway link is planned for Myanmar.
    Read More
  • Pakistan enhances road link with Afghanistan
    November 22, 2024
    Pakistan has enhanced the road link with Afghanistan and Centra Asia.
    Read More
  • International INTERMAT
    June 11, 2012
    With the dust now settled after the INTERMAT 2012 exhibition, it is clear that this event proved a success. For INTERMAT 2012, attendance figures grew throughout the week, with many firms reporting very busy booths. Of note is the fact that INTERMAT received a high percentage of international visitors, with over 34% of attendees coming from countries other than France. Attracting some 200,000 visitors in all, 145,082 were identified as proper trade visitors and this represented an increase of 15.8% over the
    Read More

Highlighted Content