Highway upgrade underway for Vietnam

Work is underway on an important highway improvement scheme in Vietnam. The project involves upgrading the Gia Lai-Binh Dinh section of National Highway 19. The work is being carried out under the build-operate-transfer (BOT) model. The actual construction work is scheduled for completion during 2015. The project is costing US$95 million and involves work to a 56km section of the route. The concession package has been agreed under a 22 year deal.
January 9, 2014 Read time: 1 min
Work is underway on an important highway improvement scheme in Vietnam. The project involves upgrading the Gia Lai-Binh Dinh section of National Highway 19. The work is being carried out under the build-operate-transfer (BOT) model. The actual construction work is scheduled for completion during 2015. The project is costing US$95 million and involves work to a 56km section of the route. The concession package has been agreed under a 22 year deal.
Finance & Funding

Related Content

  • Five key highway upgrades for Brazil
    October 27, 2023
    Five key highway upgrade projects are planned for Brazil.
    Read More
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More
  • Vietnam’s US$2.07trn private investor pot for transport infrastructure
    November 15, 2013
    Vietnam received around US$2.07 trillion (PHP90 trillion) between 2011 and 2013 from private investors for major transport infrastructure projects, according to the country’s Ministry of Transport. Among the contracts awarded to private investors during 2011-2013 is the expansion of National Highway No 1 that is to be carried out under a build-operate-transfer (BOT) basis with an investment, while others are awarded as public-private partnership (PPP) or build and transfer (BT) projects.
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More

Highlighted Content