Vietnam road and port projects to be funded by ODA package

Vietnam’s government has secured an ODA (Overseas Development Agency) financial support package worth US$844.95 million (JPY 86.4 billion) for four infrastructure projects in the country. A total of $179.75 million (JPY 18.4 billion) of the package will go to Ho Chi Minh City-Dau Giay Highway that is scheduled for completion in July 2016, while another $165.1 million (JPY 16.9 billion) is allocated for Tan Vu-Lach Huyen Road, set to open in early 2017.
March 27, 2014 Read time: 1 min
Vietnam’s government has secured an ODA (Overseas Development Agency) financial support package worth US$844.95 million (JPY 86.4 billion) for four infrastructure projects in the country. A Total of $179.75 million (JPY 18.4 billion) of the package will go to Ho Chi Minh City-Dau Giay Highway that is scheduled for completion in July 2016, while another $165.1 million (JPY 16.9 billion) is allocated for Tan Vu-Lach Huyen Road, set to open in early 2017.

Additionally, some $293.07 million (JPY 30 billion) will be spent on Da Nang-Quang Ngai Highway – earmarked to open in July 2017. The remaining $205.15 million (JPY 21 billion) will go to Lach Huyen Port, due to be commissioned in December 2017. Funds from the ODA package will be disbursed by the government of Japan through the Japan International Co-operation Agency (6706 JICA).
Road Structures

For more information on companies in this article

Related Content

  • New Vietnam bridge project to cut congestion
    October 24, 2016
    A new bridge project in Vietnam’s Ho Chi Minh City will help cut traffic congestion. The project is expected to cost in the region of US$157 million and four contractors will work on the construction of the 3.2km long Bình Tiên Bridge. The plans call for the bridge to carry four traffic lanes and be from 30-40m wide, although the design has yet to be finalised. The work will be carried out in two separate sections, while the client for the Bình Tiên Bridge and Road project is Ho Chi Minh’s Transport Departm
    Read More
  • US$1.27 billion Vietnam transport infrastructure works proposed
    August 29, 2024
    Transport infrastructure works worth almost US$1.27 billion are being proposed for Vietnam.
    Read More
  • International interest in key Vietnam link
    April 27, 2012
    Vietnam's Transport Ministry is well on track with its plans for the design and construction of the Danang-Quang Ngai Expressway. This 139km highway will link Tuy Loan Town in Hoa Vang District of Danang and the west side of Quang Ngai City.
    Read More
  • Vietnam bridge, road and highway development projects
    June 20, 2018
    Vietnam is pushing ahead with a series of road, highway and bridge projects that will improve the country’s transport network. Feasibility studies for three stretches of the North-South Expressway have been received by Vietnam’s Ministry of Transport (MoT). The 29km stretch from Nha Trang to Cam Lam is expected to cost US$177.9 million, with work starting in 2019 and due for completion in 2021. The 60km stretch from Dau Giay to Tan Phu will be built from 2018 to 2022. The 101km stretch from Vinh Hao to Pha
    Read More

Highlighted Content