Laos link, contract awarded

The contract for the US$200 million Vientiane Expressway No 1 project in Laos has been awarded. The 15km road will connect the Thatluang Marsh Specific Economic Zone on the outskirts of capital Vientane with Dongmakkhai, which lies to the north of the city. The build-operate-transfer road concession was awarded to Vientiane Expressway Number 1 Sole Company of Laos and is for a 50 year period. The deal comes with the option of an extension to the period. The new expressway is intended to improve journey time
March 18, 2019 Read time: 1 min

The contract for the US$200 million Vientiane Expressway No 1 project in Laos has been awarded. The 15km road will connect the Thatluang Marsh Specific Economic Zone on the outskirts of capital Vientane with Dongmakkhai, which lies to the north of the city. The build-operate-transfer road concession was awarded to Vientiane Expressway Number 1 Sole Company of Laos and is for a 50 year period. The deal comes with the option of an extension to the period. The new expressway is intended to improve journey times for drivers, cutting congestion on the Kamphaengmeuang and Kaysone Phomvihane roads.

Finance & Funding

Related Content

  • Eurovia wins US road contracts in North Carolina
    November 2, 2018
    Eurovia has won two major road contracts in the US worth a total of US$480 million. A subsidiary of the French company Vinci Construction, Eurovia will work on design-and-build contracts that will help improve two road corridors in North Carolina. Eurovia’s work on I-485 in Charlotte involves adding a 26km express toll lane in each direction as well as a free high-occupancy-vehicle lane. The project aims to improve traffic conditions on the highway, which is used by 146,000 vehicles/day and suffers severe
    Read More
  • Chile’s new urban highway link
    May 2, 2022
    Nestling in a valley beside the Andes mountain range, Santiago has a growing population and has suffered from increasingly heavy congestion in recent years, requiring a new urban road link for which safety has been set as a priority for drivers - *iRAP reports
    Read More
  • Vietnam’s North-South Expressway project prioritised
    October 20, 2017
    Vietnam’s Ministry of Transport is prioritising the construction of the North-South expressway project. It is seeking the approval of the Vietnamese Government approval to speed up the development of a 713km stretch of the expressway. This particular section of the expressway is phase one of the project and has an estimated construction cost of US$ 5.73 billion. Just over half of the construction cost will be paid for by private investors while Government bonds are expected to pay for the remaining sum. Thi
    Read More
  • New Lagos bridge link being built
    February 23, 2017
    Construction work on a major urban bridge project will commence in Nigeria’s commercial centre Lagos during this year. A budget of US$2.66 billion has been set for building the Fourth Mainland Bridge, according to the Lagos State Government. The new bridge will be the longest of the bridges connecting Lagos Island to the mainland and will carry four lanes of traffic. Its construction is intended to cut congestion on the existing Eko, Carter and Third Mainland Bridges. Lagos suffers from amongst the heaviest
    Read More

Highlighted Content