Hanoi considers $55 billion transportation plan

The Vietnamese capital of Hanoi is looking to build 18 bridges and upgrade several city roads into major urban thoroughfares, according the latest transportation development plan. The People's Committee of Hanoi - the city authority – drafted the US$55 billion plan that focuses on all transportation development from now up to 2030. Contract types under consideration include build-own-operate (BOO), public private partnership (PPP), build-operate-transfer (BOT) and build-transfer, according to a report
August 4, 2016 Read time: 1 min
The Vietnamese capital of Hanoi is looking to build 18 bridges and upgrade several city roads into major urban thoroughfares, according the latest transportation development plan.

The People's Committee of Hanoi - the city authority – drafted the US$55 billion plan that focuses on all transportation development from now up to 2030.

Contract types under consideration include build-own-operate (BOO), public private partnership (PPP), build-operate-transfer (BOT) and build-transfer, according to a report by Vietnam Investment Review.

The Phap Van-Cau Gie Highway and Thang Long Boulevard are slated for upgrading. Plans include construction of highways with four to eight lanes to connect Hanoi to the cities of Hoa Binh, Ha Long, Hai Phong, Thai Nguyen, Lang Son and Ho Chi Minh City – formerly Saigon and nearly 1,800km to the south.
Finance & Funding

Related Content

  • Vietnam’s new road works are being announced
    December 21, 2021
    Vietnam’s new road construction and improvement works are being announced.
    Read More
  • Key infrastructure projects planned in Vietnam
    May 15, 2013
    The authorities in Vietnam are planning several key infrastructure projects, including the new Cho Chien Bridge and improvements to Provincial Road No15 amongst others. The new Cho Chien Bridge will connect Ben Tre and Vinh Long provinces and this is expected to cost in the region of US$182 million. The project will now be carried out under the PPP model instead of a BOT scheme, which had been envisaged earlier in the planning stage. This change is due to the fact that TLIC will now carry out the project in
    Read More
  • Transport development plans for Hanoi
    September 21, 2022
    Transport development plans are being drawn up for Hanoi.
    Read More
  • Vietnam highway project receiving South Korean funding?
    November 3, 2017
    Vietnam’s Belt Road Three project is being planned at present, with some of the financing still being sought. The route will run between Tan Van District and Nhon Trach District, crossing the Dong Nai River. The project is expected to cost US$2.46 billion to construct and will feature four lanes initially, with additional lanes being built in future phases. The 89.3km route has been approved and runs through the provinces of Binh Duong, Dong Nai and Long An, as well as through the outskirts of Ho Chi Minh
    Read More

Highlighted Content