Vietnam's new bridge deal

Funding and assistance from Australia, South Korea and the Asian Development Bank (ADB) will help finance key road and bridge projects in Vietnam.
February 14, 2012 Read time: 2 mins
Funding and assistance from Australia, South Korea and the 943 Asian Development Bank (ADB) will help finance key road and bridge projects in Vietnam. A technical assistance grant worth US$26 million that is approved by the ADB and financed by the Australian Government will help with the Vietnam's Central Cuu Long (Mekong) Delta Region Connectivity Project. The project features the design and construction of two 2km large cable-stayed bridges that will span the Mekong River. A 25km six-lane road is also planned to connect both bridges, which will link the Mekong Delta's southwestern region to Ho Chi Minh City and are expected to carry some 170,000 people movements/day. In all the Australian Government will provide $170 million (A$160 million) in grant form for the project. The grant will also help fund the Cao Lanh Bridge project which will be built across Mekong River in Dong Thap Province. The bidding and designing phase of the project is expected to end in 2012 with construction due to start in 2013 and completion due in 2017. In addition the South Korean Government is providing a loan worth $200 million to the Vietnamese Government, which will be used to build the Van Cong Bridge. In all, the Van Cong Bridge will cost $750 million to build and other funding sources for the project have yet to be revealed. Meanwhile Hanoi's Department plans to upgrade and construct 35 bridges in the city. This will improve traffic flow, capacity and safety. The department also aims to build new bridges spanning the Red River, part of the 2011-2015 draft plan on transport infrastructure development in the city. The bridges include the second stage of the Vinh Tuy bridge, Vinh Thinh bridge, Phu Dong Bridge No 2, Nhat Tan bridge, and Dong Tru bridge.
Road Structures

For more information on companies in this article

Related Content

  • Highway upgrades being planned for Vietnam’s Mekong Delta area
    August 12, 2019
    A series of highway upgrades will improve transport links in Vietnam’s Mekong Delta area. Improvements will be carried out to 52km stretch of the National Highway 53. The tender process is opening shortly for this road improvement contract, with the work expected to cost around US$51.4 million. Improvements are also being planned for the Quan Lo-Phung Hiep National Highway. This work should commence in late 2019 and should be complete in 2020. Upgrades are also planned for a stretch of the Dong Thap Pro
    Read More
  • Vietnam road projects underway
    February 5, 2021
    Key Vietnam road projects are currently underway.
    Read More
  • Bihar crossing for Ganges River
    November 16, 2016
    A loan facility from the Asian Development Bank (ADB) will help fund work on the project to construct a new bridge over the River Ganges in India’s Bihar State. Because of the width of the river at this point, the bridge will be close to 10km in length, making it the longest in India. The new bridge will improve transport connections between the north and south of the state and the project is expected to cost around US$500 million. Building the bridge will help develop transport and trade in the area, as we
    Read More
  • Vietnam’s latest highway and tunnel projects
    October 21, 2014
    In Vietnam work is now being carried out on a new highway to connect southern province to Central Highlands, while progress is being achieved on the Ca Pass Tunnel project. A 200km highway has been proposed that will link Dong Nai province with Lam Dong province. The project would extend from Thong Nhat Commune in Dong Nai to Lam Dong's Lien Khuong-Prenn highway and is subject to approval from Vietnam’s Ministry of Transport. The project will commence in 2015 if the required approval is given, and will then
    Read More

Highlighted Content