Skip to main content

US$410mn ADB loan to build second Vietnam Southern Highway

The Asian Development Bank (ADB) is to lend US$410 million to Vietnam for the construction of the Second Southern Highway that links Ho Chi Minh City and the Mekong Delta. The arterial highway will consist of two cable-stayed bridges measuring a total of 5km, and 26km of interconnecting roads and associated access. The interconnecting roads and two bridges are expected to reduce the three-and-a-half hour travel time between Long Xuyen and Ho Chi Minh City by an hour, while the 90-minute travel time between
August 14, 2013 Read time: 2 mins
The 943 Asian Development Bank (ADB) is to lend US$410 million to Vietnam for the construction of the Second Southern Highway that links Ho Chi Minh City and the Mekong 199 Delta. The arterial highway will consist of two cable-stayed bridges measuring a total of 5km, and 26km of interconnecting roads and associated access.

The interconnecting roads and two bridges are expected to reduce the three-and-a-half hour travel time between Long Xuyen and Ho Chi Minh City by an hour, while the 90-minute travel time between the Vam Cong ferry and the Cao Lanh ferry station is expected to be reduced by an hour.

Meanwhile, the 35.4km distance between Long Xuyen and Cao Lanh is expected to be cut to 29km. Construction of the two bridges is set to be launched in September 2013, and the highway and bridges, which will create 400,000 construction and manufacturing jobs, are projected to begin operation by late 2017.

Moreover, the work is projected to cost $860 million, with $260 million to be contributed by the 1290 Export-Import Bank of South Korea, $56 million from the 983 Vietnamese Government, and $143.4 million from the 3200 Australian Agency for International Development.

Related Content

  • Vietnam beltway deal agreed
    June 26, 2023
    Work for a key Vietnam beltway deal has been agreed
  • Hanoi to reduce traffic jams with US $ 96.02mn investment
    September 13, 2012
    The municipal government of Hanoi is to invest US $ 96.02 million to reduce traffic jams in 27 locations in the Vietnamese capital. Between 2012 and 2015, the government will build more parking lots and multi-story car parks in the city as well as eight new overpasses. Bus stations will be relocated from the city centre. Construction of arterial roads including Cat Linh-La Thanh-Thai Ha-Lang and Van Cao-Ho Tay will be quickened.
  • New Vietnam bridge project to cut congestion
    October 24, 2016
    A new bridge project in Vietnam’s Ho Chi Minh City will help cut traffic congestion. The project is expected to cost in the region of US$157 million and four contractors will work on the construction of the 3.2km long Bình Tiên Bridge. The plans call for the bridge to carry four traffic lanes and be from 30-40m wide, although the design has yet to be finalised. The work will be carried out in two separate sections, while the client for the Bình Tiên Bridge and Road project is Ho Chi Minh’s Transport Departm
  • New bridge project for Sri Lanka
    September 30, 2013
    A bridge costing some US$321 million will be built in Sri Lanka to span the Kelani River. This new link will reduce congestion at Baseline Road and in the area of Peliyagoda. The bridge is expected to take three years to construct and will measure 415m long. The project is being funded by the Japan International Cooperation Agency (JICA), which is also funding the design detail and feasibility studies. Meanwhile the Asian Development Bank (ADB) has approved credit $75 million for the construction of roads l