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

  • Thailand/Vietnam R10 route to be developed
    June 3, 2013
    Vietnam will partner Thailand in improving the 900km Southern Economic Corridor, known as the R10 route, linking Dawei in Myanmar to southern Vietnam. By 2015, Vietnam intends to finish expanding and renovating the R10 route to support social, tourism and cultural exchanges among Thailand, Vietnam and Cambodia. The route, which will be funded by loans from the Asian Development Bank (ADB), the World Bank and the Thai government, will facilitate transportation of goods across the region.
    Read More
  • Major new road and bridge projects underway in India
    December 22, 2016
    A series of major road and bridge projects is now underway in India. One of the most notable is the US$500 million project to build a new bridge spanning the River Ganges, which will be the longest in the country. Financing for the 9.8km bridge has been provided in the shape of a loan from the Asian Development Bank (ADB). The new link will be located close to Patna and is spanning both channels of the Ganges at this point and it features a cable-stayed design. The new bridge is required as the original str
    Read More
  • Japanese funding for Sri Lanka’s new bridge?
    October 12, 2015
    Japanese funding will help pay for the construction of a key bridge link in Sri Lanka. The Japan International Cooperation Agency (JICA) is providing a loan worth US$292.14 million for the bridge project. The new link will span the Kelani River.
    Read More
  • New Bangladesh expressway project
    August 23, 2023
    A new Bangladesh expressway project is being planned.
    Read More

Highlighted Content