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

  • Costa Rica highway concession package cancelled
    March 19, 2014
    The Costa Rican Government is paying compensation worth US$28.4 million for the cancellation of a highway concession package. The compensation relates to the San José-San Ramón highway concession and is being paid to the Brazilian construction company OAS, reports Business News Americas. This follows a legal dispute over the project and is some $10 million less than OAS originally claimed in compensation. The 30 year concession package was cancelled last year due to opposition. There were allegations of a c
    Read More
  • Projects planned for Nepalese highway network
    January 9, 2014
    A series of major trade routes are being upgraded in Nepal, which are intended to help boost bilateral trade with neighbouring India and China. This will see four key trade routes being upgraded to six lanes. These are the; Butwal-Belhiya, Rani-Ithari, Surybinayak-Dhulikhel and Birgunj-Pathalaiya highway sections. Work is already underway on the Butwal-Belihiya and Rani-Ithari highway sections while work is also being planned for the Suryabinayak-Dhulikhel and Birgunj-Pathalaiya highways. Of the 24km stretc
    Read More
  • Vietnam bridge project planned
    November 7, 2022
    Vietnam’s new bridge project is planned
    Read More
  • Construction underway on Italian highways with more planned
    August 8, 2012
    Two key highway projects in Italy are exhibiting good progress at present. Construction work on the new Brescia-Milan highway link is now more than 50% complete. The bridges crossing the Serio, Adda and Oglio rivers are 84% complete, while the underpasses and drainage is 49% ready. Service stations, surveying and foundation work is 40% complete while the remaining operations are 227% ready. Italian road construction firm Brebemi believes that the highway be will be complete and open to traffic by 31 Decembe
    Read More

Highlighted Content