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

  • Over US$1 billion financing for major Argentina bridge project
    November 14, 2023
    Financing worth more than US$1 billion is secured for a major Argentina bridge project.
  • New elevated highway project for Sri Lanka
    October 1, 2018
    Work now looks ready to move ahead for an elevated highway project in Sri Lanka’s capital Colombo. Funding has been secured in the shape of a loan worth US$300 million from the Asian Development Bank (ADB) to help carry out the work. In all the work is expected to cost $360 million and involves building a 5.3km section of elevated highway. This new elevated route will be tolled for users when complete and will connect the new bridge spanning the Kelani River, which itself is due for completion in 2020
  • Vietnam’s north-south highway being planned
    June 5, 2017
    Plans are being formalised for Vietnam’s massive North-South Expressway project. The tolled route will stretch 1,372km and the project will be split into 20 separate sections, with the work being carried out in two separate phases.
  • Indonesia's highway plans
    March 2, 2012
    The Indonesian Government has plans to build key new roads connecting West Kalimantan (Indonesia) and Sarawak (Malaysia), East Kalimantan (Indonesia) and Sabah (Malaysia), as well as roads in the south Java coast.