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

  • Plans moving forward for key Turkish highway
    October 11, 2013
    Plans are moving forward in Turkey for the construction of a new highway project. Mott MacDonald has been named lenders’ technical advisor by the IC Ictas-Astaldi (ICA) consortium for a 60km section of the Northern Marmara highway. This deal is significant and the stretch forms the first of a number of phases of the highway. The project is being delivered under a 10 year, US$2.5 billion public-private partnership (PPP).
    Read More
  • New Vietnam airport link roads
    May 26, 2023
    New Vietnam airport link roads will be built to a key Vietnam airport.
    Read More
  • Vietnam-Cambodia expressway link gets approval
    May 5, 2017
    Construction of a new expressway is intended to improve the connection between Cambodia’s capital Phnom Penh and Vietnam’s capital, Ho Chi Minh City. This is the product of discussions between the Vietnamese and Cambodian governments. The project is expected to cost US$650 million and the new link will feature three lanes in either direction and will run alongside the existing Highway 22 in Vietnam and Highway 1 in Cambodia. The new route will feature a maximum speed of 120km/h and will stretch for 65km in
    Read More
  • Vietnam expressway deal moving forward
    January 16, 2019
    A pre-feasibility study is being planned for Vietnam’s Hoa Binh-Moc Chau Expressway project. Construction of the expressway is expected to cost US$857.4 million, with the work being handled under the PPP model. The 85km is planned to feature two lanes in either direction. Construction of the expressway is expected to reduce journey times between Hanoi and Son La, close to the border with Laos, from six hours at present, to just 2.5 hours in the future.
    Read More

Highlighted Content