Vietnam’s key highway project receiving initial funding

Funding from the World Bank will help with the development of Vietnam’s North-South Expressway project. The Vietnamese Government has sourced US$214 million for the project already from its own funds. The highway will stretch 654km across the country, speeding transport and helping develop trade and tourism. Because of the project’s scale, the work is being split into 11 separate stretches and should be complete by 2025.
November 15, 2018 Read time: 1 min

Funding from the 2332 World Bank will help with the development of Vietnam’s North-South Expressway project. The 983 Vietnamese Government has sourced US$214 million for the project already from its own funds. The highway will stretch 654km across the country, speeding transport and helping develop trade and tourism. Because of the project’s scale, the work is being split into 11 separate stretches and should be complete by 2025.

Meanwhile Vietnam will help with $40 million of financing for the My Thuan-Can Tho expressway project in Myanmar. The aim is for the route to connect with Vietnam’s own Ho Chi Minh City-Trung Luong Expressway. The My Thuan-Can Tho Expressway project will be built under the build-operate-transfer model.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Vietnam highway works planned
    October 22, 2020
    New highway works are planned for Vietnam.
    Read More
  • Financing for Vietnam highway
    December 5, 2023
    More financing is found for a Vietnam highway project.
    Read More
  • Vietnam’s north-south highway being planned
    June 5, 2017
    Plans are being formalised for Vietnam’s massive North-South Expressway project. The tolled route will stretch 1,372km and the project will be split into 20 separate sections, with the work being carried out in two separate phases.
    Read More
  • Vietnam’s key highway project feasibility study
    March 9, 2018
    The feasibility study is being handled for a stretch of Vietnam’s North-South highway project. The project is likely to cost US$5.22 billion, of which $2.8 billion will be provided by private funding sources, with the remainder coming from the Vietnamese Government’s sources. The project is being overseen by Vietnam’s Ministry of Transport. Vietnam’s Department of Public-Private Partnership (PPP) Projects has urged the bodies involved with eight PPP sub-projects to complete feasibility studies for these
    Read More

Highlighted Content