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

  • Vietnamese authorities unveil highway plan
    October 1, 2012
    A key highway project worth in excess of US$364 million has been revealed in Vietnam. The first package of works for the upgrades to National Highway 20 was awarded by the Ministry of Transport of Vietnam to contractor, Management Board 7. The company will carry out work worth some $220 million, which involves building a 123km road as well as 16 bridges that will link Highway 725 in Lam Dong to Dau Giay Junction in Dong Nai Province. The work is being carried out under a build, operate and transfer type con
    Read More
  • Highway upgrade underway for Vietnam
    January 9, 2014
    Work is underway on an important highway improvement scheme in Vietnam. The project involves upgrading the Gia Lai-Binh Dinh section of National Highway 19. The work is being carried out under the build-operate-transfer (BOT) model. The actual construction work is scheduled for completion during 2015. The project is costing US$95 million and involves work to a 56km section of the route. The concession package has been agreed under a 22 year deal.
    Read More
  • Work commencing on Vietnam’s key road building project
    September 5, 2019
    Work is starting on a section of the road that will connect Son La and Cam Lo in Vietnam.
    Read More
  • Vietnam's mighty road budget
    February 7, 2012
    A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
    Read More

Highlighted Content