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 coast road project underway
    February 18, 2019
    Construction work has commenced on a new coast road project in Vietnam’s Thai Binh Province. The road will provide an important connection, improving transport between the ports at Hai Phong, Quang Ninh and Diem Dien and the Cat Bi International Airport. It will also connect to the Ninh Binh-Hai Phong-Quang Ninh expressway and improve links between the Thai Binh economic zone, industrial clusters in Thai Thuy and Thien Hai districts. The project is being carried out under the build-operate-transfer model an
    Read More
  • Greenlight for Vietnam’s Cat Lai Bridge in 2020
    September 4, 2019
    An agreement has been reached in Vietnam for construction of a bridge over the Dong Nai River close to Ho Chi Minh City. The proposed 4.5km, six-lane cable stayed structure – the Cat Lai Bridge - could cost as much as US$268 million. It would replace the Cat Lai ferry service that runs between Nhon Trach District of Dong Nai Province and District 2 of Ho Chi Minh City. The bridge would also become a major route to the international airport, according to local media. The ferry service carries on averag
    Read More
  • Vietnam’s road and bridge works continue
    October 4, 2023
    Vietnam is continuing with its road and bridge works.
    Read More
  • Vietnam’s key expressway project
    November 23, 2021
    Vietnam’s North-South Expressway project is key to the country’s future.
    Read More

Highlighted Content