Skip to main content

Vietnam plans city road upgrades

The Department of Transport is planning to improve traffic flow in Vietnam's Ho Chi Minh City, in a bid to reduce congestion and delays. Some 18 major road projects are due to commence in the city in 2011. In total the 18 road projects will be worth close to US$600 million. The contractors carrying out the work have not been revealed at this stage. Some obstacles to a number of the projects exist however with financing and land clearance issues expected to provide some hurdles.
March 6, 2012 Read time: 1 min
The Department of Transport is planning to improve traffic flow in Vietnam's Ho Chi Minh City, in a bid to reduce congestion and delays. Some 18 major road projects are due to commence in the city in 2011. In total the 18 road projects will be worth close to US$600 million. The contractors carrying out the work have not been revealed at this stage. Some obstacles to a number of the projects exist however with financing and land clearance issues expected to provide some hurdles.

Related Content

  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De
  • Vietnam’s key highway project receiving initial funding
    November 15, 2018
    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.
  • New Kentucky-Ohio bridge link planned
    August 17, 2023
    A new Kentucky-Ohio bridge link is being planned.
  • India’s massive plans for highway development
    February 10, 2016
    The Indian Government has set out plans to award highway projects worth at least US$8.84 billion during the next fiscal year. These projects will be offered under the hybrid annuity model, according to a report in the Economic Times. KPMG has stated that some 21 projects for a total of 1,500km and worth close to a third of that sum will be granted by the Indian Government in the current fiscal year.