International interest strong for Vietnam expressway project

International interest is said to be strong in the tenders for sections of Vietnam’s massive North-South Expressway project. Japanese and Chinese firms have submitted bids for the eight sections of the route now open for tender. In all the expressway will measure some 2,100km in length. The first phase of the project is for 654km of the route with this work being handled in eight separate sections. These contracts will all be handled under the PPP model. The Vietnamese Government will manage a further three
July 2, 2019 Read time: 1 min

International interest is said to be strong in the tenders for sections of Vietnam’s massive North-South Expressway project. Japanese and Chinese firms have submitted bids for the eight sections of the route now open for tender. In all the expressway will measure some 2,100km in length. The first phase of the project is for 654km of the route with this work being handled in eight separate sections. These contracts will all be handled under the PPP model. The Vietnamese Government will manage a further three sections of the route. In all, work to these 11 stretches of the route will cost some US$5.1 billion

Finance & Funding

Related Content

  • Vietnam’s key expressway project
    April 1, 2020
    Vietnam’s key expressway project sees revised plan
    Read More
  • Vietnam’s major highway project on track
    April 1, 2019
    Construction work is underway on Vietnam’s North-South highway project. A 654km stretch of the route is being built at present, with this work costing US$5.1 billion. Clearance work for other sections of the North-South highway is due co commence. In mid-2019, construction work is due to start on three sections, while tendering will open for eight PPP projects that will for stretches of the North-South highway.
    Read More
  • Vietnam’s key North-South Expressway project
    May 10, 2019
    International interest is strong in Vietnam’s landmark North-South Expressway project. French, Japanese and South Korean firms are amongst those showing an interest in building sections of the 2,100km route. Vietnamese contractors are also showing interest in the project and the tender process for the latest stretches will remain open until 9th July.
    Read More
  • Vietnam’s North-South Expressway project being prioritised
    December 17, 2018
    The Vietnamese Government is prioritising construction of the country’s North-South expressway project. Contractors are already being selected for the 11 sub-projects for the expressway, which is expected to come with a final pricetag of US$5.09 billion. The 2,100km route is being built in three separate phases and links 32 of Vietnams cities and provinces. The first 650km section will be complete by 2020. The other sections should be ready for traffic by 2025.
    Read More

Highlighted Content