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.
Road Structures

For more information on companies in this article

Related Content

  • Works for Vietnam’s North-South Expressway approved
    August 8, 2022
    Works have been approved for Vietnam’s North-South Expressway.
    Read More
  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
    Read More
  • Great opportunities in Asia, conference goers are told
    January 23, 2014
    Asia’s emerging economies will be building roads for the next two decades, delegates at a recent Argus Asian Bitumen conference in Singapore heard. That means there are big opportunities for suppliers of bitumen, related technology and risk management companies - Kristina Smith reports One of the strongest messages to emerge from the Argus Asian Bitumen conference held in Singapore earlier this year is the sheer volume of road building planned in the region. For many countries there are political and finan
    Read More
  • Vietnam’s transport gain from major road project
    November 15, 2017
    Vietnam’s North-South Expressway project will boost transport for both goods and passengers. This is the finding of a report from Vietnam's Transport Ministry. According to the report, demand to move goods along the route will climb to 62.3 million tonnes/year by 2020. Meanwhile the report says that the route will handle up to 45.4 million passengers/year by 2020. Because of its importance to the Vietnamese economy, the Ministry of Transport is highlighting that the country cannot allow the project to suff
    Read More

Highlighted Content