Skip to main content

A new expressway is being planned for Vietnam

Another new expressway project is now being planned for Vietnam.
By MJ Woof July 3, 2020 Read time: 1 min
A new expressway route is planned for Vietnam – image courtesy © Fckncg, Dreamstime.com

A new expressway link is being planned in Vietnam. The new route will connect Huu Nghi and Chi Lang. The project is expected to cost nearly US$326 million.

The plans call for the work to be carried out under the build-operate-transfer model. Financing will be sourced jointly from the state budget, from the budget for the province, from investors and from a package of loans.

The project is expected to take close to 20 years to repay the initial investment.

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Vietnam province to spend US$2.77bn on transport infrastructure over next 8 years
    April 24, 2012
    Long An province in Vietnam will see US$2.77billion spent on constructing and improving its inner waterway and road infrastructure over the next eight years. The provincial peoples’ committee (PPC) revealed that the major capital project will include the construction of bridges and roads linking central areas and towns. The new roads will stretch around 400km and new dredge waterways will span 600km on the Chanh, Thu Thua, Bac Dong and Tra Cu canals by 2015. Small wharves and Long An Port will also be estab
  • Hanoi-Can Tho expressway in Vietnam bond financing evaluation
    April 30, 2013
    The capital planning for the major expansion and upgrading of Hanoi-Can Tho expressway in Vietnam is being considered ahead of a National Assembly evaluation for bond financing. The Ministry of Transport (MoT) has made a proposal for the prime minister to seek the National Assembly's permission to issue government bonds to handle the project. Last month, the MoT presented Document 2738/BGTVT-KHDT to the prime minister to seek capital resources for 17 road sections under the project. The government bonds wil
  • Vietnam’s massive transport investment programme planned
    April 20, 2017
    Vietnam is setting out plans for a massive programme of infrastructure investment. International investment is being sought, with many of the projects being planned under the PPP model. Transport will be placed as a top priority, with a budget of US$400 billion having been discussed as Vietnam’s transport spending target for the next 10 years. One of the biggest projects will be for the construction of a new highway connecting Vietnam’s two main cities, Ho Chi Minh City and Hanoi. The two cities are some 1,