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.

Finance & Funding

Related Content

  • US$5.9 billion for three Philippines expressways
    July 10, 2024
    US$5.9 billion is being spent for three new expressways in the Philippines.
    Read More
  • Boom in Asian infrastructure investment
    April 5, 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
    Read More
  • New Vietnam highway construction starting
    March 5, 2019
    Construction work is starting on Vietnam’s Van Don-Mong Cai highway. Located in Quang Ninh Province in the north east of Vietnam, the 80km highway will feature two lanes in either direction. Costing US$471.6 million, the project is expected to take nearly two years to complete. The work is being carried out in joint venture by Cong Thanh Transportation and Construction Corporation, Van Don Sun JSC and Long Van Infrastructure Investment and Development Co. The project is expected to help develop tourism in t
    Read More
  • China road works being planned
    May 25, 2020
    Work is being planned in China for a series of major new road projects.
    Read More

Highlighted Content