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

  • Florida Turnpike improvements underway
    September 18, 2019
    A series of improvement works are being carried out in various parts of Florida, in a bid to improve traffic flow. Florida Department of Transportation (FDOT) is starting work to widen the 11km stretch of Florida Turnpike between Boynton Beach Boulevard and Lake Worth Road. This project will see the highway stretch being widened so that it boosts capacity, with the Hypoluxo Bridge also having to be rebuilt accordingly. The projected cost is US$168 million and the work is intended to cut congestion at peak
    Read More
  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
    Read More
  • Ethiopia’s new tolled highway opens
    June 21, 2019
    Ethiopia is now benefiting from a new tolled route, improving transport between Dire Dawa and Dewele.
    Read More
  • New Bangladesh expressway project
    August 23, 2023
    A new Bangladesh expressway project is being planned.
    Read More

Highlighted Content