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’s high fatal crash rate
    September 30, 2016
    Vietnam is taking steps to address its high rate of road crashes, as well as the rate of serious injuries and deaths amongst road users. The rate of crashes in capital Ho Chi Minh City (HCMC) is of particular concern, with the authorities keen to reduce the human toll. So far in 2016, HCMC has seen 2,919 reported road crashes. There were 607 road deaths in HCMC during this period as well as 2,377 serious injuries. This represents an 8.8% increase from the same period in 2015. Poor driving and insufficient e
  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
  • New East Africa highway connecting Kenya, Tanzania, South Sudan
    June 8, 2016
    East African countries continue to implement a road Master Plan developed jointly under the East African Community initiative and which aims at integrating the region’s transport corridors to meet the growing demand for road transport by the increasing intra-regional trade and vehicular traffic. Kenya has for example unveiled a US$280 million road rehabilitation project to improve its links with Tanzania and South Sudan with the backing of the African Development Bank (AfDB). Rehabilitation of the 172
  • Japanese loan for Botswana to Zambia bridge
    October 18, 2012
    A new bridge link will be constructed between Botswana and Zambia in Southern Africa. Some of the funding for the bridge is being provided in the form of a US$113 million loan from the Japanese Government. The Kazungula bridge project is expected to cost $260 million in all. Close to $78.5 million is coming from the African Development Bank and Zambia is providing $1.6 million while the Japanese International Cooperation Agency (JICA) will offer $42 millionn. The work will commence in 2014 and the bridge sh