Vietnam province to spend US$2.77bn on transport infrastructure over next 8 years

Long An province in Vietnam will see US$2.77billion spent on constructing and improving its inner waterway and road infrastructure over the next eight years. The provincial peoples’ committee (PPC) revealed that the major capital project will include the construction of bridges and roads linking central areas and towns. The new roads will stretch around 400km and new dredge waterways will span 600km on the Chanh, Thu Thua, Bac Dong and Tra Cu canals by 2015. Small wharves and Long An Port will also be estab
April 24, 2012 Read time: 1 min
Long An province in Vietnam will see US$2.77billion spent on constructing and improving its inner waterway and road infrastructure over the next eight years.

The provincial peoples’ committee (PPC) revealed that the major capital project will include the construction of bridges and roads linking central areas and towns. The new roads will stretch around 400km and new dredge waterways will span 600km on the Chanh, Thu Thua, Bac Dong and Tra Cu canals by 2015. Small wharves and Long An Port will also be established under the project.

The work will be financed by state bonds, the provincial budget, private capital investors and FDI. According to the PPC, the projects will run under the models of Build and Transfer as well as Build, Operate and Transfer.
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