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

  • vietnam NH20 upgrades
    November 27, 2012
    A key highway project worth in excess of US$364 million has been revealed in Vietnam. The first package of works for the upgrades to National Highway 20 was awarded by the Ministry of Transport of Vietnam to contractor, Management Board 7. The company will carry out work worth some $220 million, which involves building a 123km road as well as 16 bridges that will link Highway 725 in Lam Dong to Dau Giay Junction in Dong Nai Province. The work is being carried out under a build, operate and transfer type con
  • Vietnam invests in infrastructure improvements
    May 11, 2012
    Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
  • New road and bridge projects for Vietnam
    May 27, 2020
    New road and bridge projects are being planned for Vietnam.