Skip to main content

Vietnam’s authorities plan to invest in concrete roads

The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
April 4, 2012 Read time: 2 mins
RSSThe highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways.

The 2502 Ministry of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.

Meanwhile international funding worth some US$280 million is being used to help with construction of Vietnam’s new Ha Noi-Hai Phong Highway. The loans are being provided jointly by 1474 Citibank in the US and 2714 SUMITOMO Mitsui Banking in Japan and will be for a 15-year period. Work on the project commenced in 2008.

The Vietnam Development Bank is managing the financing for the highway construction project and agreed the loan arrangement following talks with Citibank and Sumitomo.

For more information on companies in this article

Related Content

  • Key highway projects planned for Vietnam
    April 5, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
  • US$366 million Vietnam coast road approved
    May 29, 2025
    Phan Thiet City project will include bridges over Ca Ty and Phu Hai rivers
  • Construction of Vietnam’s Da Nang-Quang Ngai expressway begins
    November 25, 2013
    Construction of Vietnam’s US$1.4 billion Da Nang-Quang Ngai expressway is now underway. The near 140km-long expressway will have four lanes and a speed limit of 120km/hour. It will link economic hubs like Dung Quat (Quang Ngai), Da Nang-Chu Lai (Quang Nam) and Nhon Hoi (Binh Dinh). The expressway will also have a monitoring centre, a maintenance centre and a service centre. The Vietnamese government, the World Bank and the Japan International Co-operation Agency have provided official development assistan
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t