New highway links planned for Vietnam

Several major highway projects are being planned for Vietnam. The largest is for the construction of the North-South Expressway, which will improve transport connections for the country. Financing is being secured for the North-South Expressway, with some US$5.23 billion being secured. The Vietnamese Government will pay up to 39% of the cost of the work, with loans and private sector funding paying for the remaining 61%. Meanwhile a South Korean contractor will carry out a series of road projects in Can
November 9, 2017 Read time: 1 min
Several major highway projects are being planned for Vietnam. The largest is for the construction of the North-South Expressway, which will improve transport connections for the country. Financing is being secured for the North-South Expressway, with some US$5.23 billion being secured. The Vietnamese Government will pay up to 39% of the cost of the work, with loans and private sector funding paying for the remaining 61%.

Meanwhile a South Korean contractor will carry out a series of road projects in Can Tho Province in southern Vietnam. A new road link is being planned to connect Nam Song Hau Road with National Highway 91. This project is expected to cost US$663.4 million, although the financing model for the work has yet to be confirmed. Planned construction work in Can Tho Province includes the building of 25 bridges and nine intersections.
Road Structures

Related Content

  • Vietnam's new highway projects
    February 24, 2012
    Key highway projects are being planned in Vietnam. The Ninh Binh-Thanh Hoa expressway will run 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 Vietnam's Ministry of Transport (MoT) hopes to source a loan from the World Bank for this project. Vietnam's MoT is putting the projects through the tender process at present. The deals will be made under either the build-operate-transfer (BOT) or public-private partnership (PPP) models. So
    Read More
  • Vietnam’s US$5.5 billion ring road project
    September 16, 2024
    Vietnam is planning US$5.5 billion ring road project for HCMC.
    Read More
  • Vietnam’s north-south highway project gathers pace
    May 26, 2017
    The proposed north-south highway project in Vietnam is gaining traction, with financing options now being considered. The Vietnamese Government is investigating a suggestion by the country’s central bank that local funding could pay for the building of the 1,372km route. However securing financing from the private sector for major projects has become more difficult in recent times. The project is expected to cost in the region of US$13.9 billion to construct and looks likely to be built using a PPP model.
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content