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

  • British Columbia decides on Massey Tunnel
    August 20, 2021
    Canada’s Pacific coast province of British Columbia has announced the George Massey Tunnel replacement will be another tunnel and not a bridge as decided earlier.
    Read More
  • IDB, iRAP extend Latin America-Caribbean work
    February 25, 2025
    The five-year deal was signed during the Ten Steps to 2030 for Safer Road Infrastructure Side Event at the recent 4th Global Ministerial Conference on Road Safety underway in Marrakech, Morrocco.
    Read More
  • Papua New Guinea is set for extensive road bridge work upgrades
    January 21, 2015
    Papua New Guinea is set to start road and bridge upgrades that could cost upwards of US$576 million. Work on bridges will be paid partly through agreements with the Australian Department of Foreign Affairs, amounting to around US$53 million, and the Asian Development Bank which is putting in nearly $32 million. The Australian Department of Foreign Affairs has also earmarked $101 million to upgrade of arterial roads to standard concrete in the port city of Lae, the capital of Morobe Province. Lae, the
    Read More
  • Philippine projects central to Southeast Asia infrastructure plan
    January 19, 2015
    Several major road works are among 15 public-private partnership projects in the Philippines tagged by the World Bank as essential for improving transport in Southeast Asia. The list includes the US$3.4 billion Plaridel Bypass toll road, the $354 million North Luzon Expressway East Expressway, the $171 million Central Luzon Link Expressway-Phase II, as well as the $52.5 million improvement, operation and maintenance of Kennon Road and Marcos Highway. All of the projects, which include major airport an
    Read More

Highlighted Content