Vietnam’s transport gain from major road project

Vietnam’s North-South Expressway project will boost transport for both goods and passengers. This is the finding of a report from Vietnam's Transport Ministry. According to the report, demand to move goods along the route will climb to 62.3 million tonnes/year by 2020. Meanwhile the report says that the route will handle up to 45.4 million passengers/year by 2020. Because of its importance to the Vietnamese economy, the Ministry of Transport is highlighting that the country cannot allow the project to suff
November 15, 2017 Read time: 1 min

Vietnam’s North-South Expressway project will boost transport for both goods and passengers. This is the finding of a report from Vietnam's Transport Ministry. According to the report, demand to move goods along the route will climb to 62.3 million tonnes/year by 2020. Meanwhile the report says that the route will handle up to 45.4 million passengers/year by 2020.

Because of its importance to the Vietnamese economy, the Ministry of Transport is highlighting that the country cannot allow the project to suffer any delays in its construction. In all the 654km project is expected to cost US$5.23 billion between 2017 and 2020 and the work will be split into 11 different sections. A combination of government bonds and private investment will pay for the project, which will be handled under the PPP model.

Road Structures

Related Content

  • A new transportation project for Northern Southeast Asia
    March 2, 2022
    Transport in Northern Southeast Asia is to benefit from a new US$145 million project
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Zimbabwe highway project faces delay
    July 12, 2018
    The project to build Zimbabwe’s crucial north-south highway link is facing delays, with the contract now having to be re-awarded. The tender was originally awarded to an Austrian firm, Geiger International, but with progress having proven very slow this has been withdrawn. The deal has not yet been re-awarded. But the Zimbabwe Government is at present in discussions with the second bidder from the original tender process, Anhui Foreign Economic Construction Group Limited (AFECC), over the contract. The hig
    Read More
  • Vietnam expressway deals
    June 30, 2020
    Key Vietnam expressway deals are now underway.
    Read More

Highlighted Content