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

  • Vietnam expressway deal gets go ahead
    May 24, 2019
    The Vietnamese Government is giving its approval for the construction of a new tolled expressway connecting Phan Thiet with Dau Giay. The work will be carried out under the PPP model. Building the expressway will improve transport connections to the coastal area around Phan Thiet. Dau Giay is located just to the east of Ho Chi Minh City, so the new link will provide an important transport connection that will boost the economy for Phan Thiet. This deal comes shortly after the announcement of a new 85km str
    Read More
  • Luzon benefits from new expressway deals
    February 24, 2012
    The city of Luzon in the Philippines looks set to gain from two major highway projects.
    Read More
  • Russia’s new high speed highway – with Italian investment
    January 30, 2020
    Italian investment will help to build a major high-speed highway in Russia
    Read More
  • Tanzania road development projects being planned
    March 24, 2017
    A series of major road projects are now being planned in Tanzania, with funding sources for much of the work having been identified and secured. The largest of these is being delivered with a World Bank loan worth US$425 million, which will help pay for transport improvements in Tanzania’s capital, Dar es Salaam.
    Read More

Highlighted Content