Skip to main content

International interest in key Vietnam link

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.
April 27, 2012 Read time: 1 min
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. It is expected to cost US$1.33 billion to construct and the 2416 Japan International Cooperation Agency (JICA) is to provide $673 million to build the 74km Tam Ky-Quang Ngai section, while the 65km-Danang City and Tam Ky section will receive funding worth $631 million from the 2332 World Bank. Project Management Unit 85 of Vietnam’s Transport Ministry awarded the $12.1 million contract to design the expressway to an international consortium. This consortium comprises Chodai, Thai Engineering Consultants, Nippon Koei and Nippon Engineering Consultants and the contract will be financed by the World Bank.

For more information on companies in this article

Related Content

  • 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.
  • Loans pave future for Philippine roads
    March 2, 2012
    An agreement worth US$493 million will seal the future or road maintenance projects and highway upgrades in the Philippines.
  • Japanese loans to help fund Indian road projects
    December 11, 2015
    Five road projects in India will benefit from funding provided by loans from Japan. The Japan International Cooperation Agency (JICA) is to provide loans worth a total of US$738.65 million to fund five road projects. These will form part of the North East Connectivity project, which has been planned by the Indian Government. The work includes upgrade works to the northeast road network, while the Indian Government has also dedicated a portion of the funds to upgrade the Aizwal-Tuipand, NH-51, and NH-54 road
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation