Vietnam needs over US$332mn for roads in 2014, says national funding body

The National Road Maintenance Fund of Vietnam requires over US$332 million (VND 7 trillion) to upgrade and fix roads in 2014, according to Le Hoang Minh, chief of the Fund’s Central Council. Of the total, almost $255.1 million (VND 5.4 trillion) will be used to upgrade and manage national highways, while the remainder will be allotted to cities and provinces to upgrade and maintain roads. Vehicle registrations are foreseen to contribute $217.31 million (VND 4.6 trillion) to the total amount required, with t
April 17, 2014 Read time: 1 min
A busy road in Vietnam’s Ho Chi Minh City – pic courtesy of Sophie Williams
The National Road Maintenance Fund of Vietnam requires over US$332 million (VND 7 trillion) to upgrade and fix roads in 2014, according to Le Hoang Minh, chief of the Fund’s Central Council. Of the total, almost $255.1 million (VND 5.4 trillion) will be used to upgrade and manage national highways, while the remainder will be allotted to cities and provinces to upgrade and maintain roads. Vehicle registrations are foreseen to contribute $217.31 million (VND 4.6 trillion) to the total amount required, with the government providing the remainder.
Road Structures

Related Content

  • Ontario embarks upon major road repair programme
    June 14, 2019
    The Canadian province of Ontario has earmarked around US$1 billion for road repairs and upgrades during 2019. The money is for 123 projects of which around $384 million will go to 20 projects in central Ontario. Northeastern Ontario will receive $218 million for 32 highway projects, mostly along Highway 11 – at nearly 1,800km the second longest in Ontario, Canada’s mostly populous province. Highway 11 runs from the provincial capital Toronto northwards and then westwards to the border with Manitoba pr
    Read More
  • Highways: environmental problem or environmental enhancement?
    March 21, 2016
    Highways need not be a blight on the countryside that many people, urban planners included, believe they will always be. By Bram Miller, director, and Martin Broderick, environmental consultant, at Ramboll Environ While the world’s highway networks bring undoubted economic and social benefits, they are generally perceived to lead to negative environmental impacts. Some may consider this an unfair reputation, but it is difficult to argue that in the majority of cases both the construction and operation of
    Read More
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • Accurate weigh-in-motion technology
    June 21, 2016
    Weigh-in-motion technology is ensuring increasingly accurate, and flexible, weighing stations. Weigh-in-motion specialist manufacturer Axtec says that its space-saving dynamic weighbridge is accurate to within ±0.5% and is the most precise system in the world. From its Runcorn, UK manufacturing facility, Axtec undertakes research and development of new technologies, as well as software testing, fabrication, construction and installation of WIM products. Axtec’s axle weighing platform design is intended f
    Read More

Highlighted Content