Skip to main content

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.

Related Content

  • Vietnam's key coastal highway
    February 7, 2012
    A major new highway project is starting shortly in Vietnam, which will improve the country's links with its neighbours. The US$440 million project is for a 220km highway in the Mekong Delta and will eventually form part of a 1,000km road connecting Vietnam with Cambodia and Thailand.
  • Boom in Asian infrastructure investment
    April 5, 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
  • US$4.86 billion infrastructure works for Vietnam
    October 30, 2024
    Transport infrastructure works worth US$4.86 billion are planned for Vietnam.
  • Progress on Vietnam US$2bn transport infrastructure projects
    July 17, 2012
    Two major transport infrastructure projects in Vietnam with a combined value of more than US$2billion are a step closer to completion. A tender to appoint a contractor for the US$1.47billion Danang-Quang Ngai highway development has been published by Vietnam Expressway Corp (VEC).