Skip to main content

Vietnam plans highway building

Vietnam Expressway Corporation (VEC) reports strong interest in for the 58km Ben Luc-Long Thanh expressway project.
February 24, 2012 Read time: 1 min
2829 Vietnam Expressway Corporation (VEC) reports strong interest in for the 58km Ben Luc-Long Thanh expressway project. The road will cost US$1.6 billion to construct. The work on the expressway will be funded by 943 Asian Development Bank (ADB) and 2416 Japan International Cooperation Agency (JICA). JICA will fund construction of two bridges crossing the Soai Rap River and Long Tau River, with the work worth $635 million. Meanwhile ADB will fund roads and viaducts construction worth some $636 million. Also in Vietnam, the 56km Cau Gie-Ninh Binh highway project requires a further $168.2 million for work to be completed. 2560 Vietnam's Ministry of Transport says that the project is 84% complete. The cost of the work has increased due to factors such as climbing materials prices.

For more information on companies in this article

Related Content

  • New bridge planned to link Senegal and Mauritania
    July 16, 2018
    A new bridge link is being planned intended to boost transport between Senegal and Mauritania.
  • Poland’s GDDKiA promises to improve road procurement processes
    January 12, 2015
    The Polish national roads authority GDDKiA has said that it will no longer look for the cheapest offer in road-building tenders. Instead, it will, in line with European Union requirements, consider whole life cycle factors such as durability, cost of exploitation and quality. Poland has long been criticised by the road construction industry, both within the country and in the rest of Europe, for handing out tender wins to the lowest bidder with scant regard for life-cycle costs. The government has also b
  • The Preston Western Distributor
    September 7, 2023
    Costain, as main contractor for the Preston Western Distributor project, was involved from the earliest stages, thanks to the UK’s Early Contractor Involvement approach. The project was delivered on time and on budget to the benefit of the local environment, local businesses and the region’s workforce. David Arminas reports*
  • US$528 million loan for Indonesia port
    January 22, 2025
    A US$528 million loan will pay for an Indonesia port upgrade