Priority Vietnam transport projects receive approval

Approval has been given for 10 key road projects in Vietnam. A portion of the funding required will be sourced via an allotted budget for the 2016-2020 period. The budget is for some US$643.7 million, although this also includes funding for four rail projects as well as the 10 key road projects. The approval has come from Vietnam's National Assembly Standing Committee. One of the priority road projects is for the road connection between the Hanoi - Hai Phong Expressway and the Cau Gie-Ninh Binh Expressway.
August 9, 2018 Read time: 1 min

Approval has been given for 10 key road projects in Vietnam. A portion of the funding required will be sourced via an allotted budget for the 2016-2020 period. The budget is for some US$643.7 million, although this also includes funding for four rail projects as well as the 10 key road projects. The approval has come from Vietnam's National Assembly Standing Committee. One of the priority road projects is for the road connection between the Hanoi - Hai Phong Expressway and the Cau Gie-Ninh Binh Expressway.

Finance & Funding

Related Content

  • Vietnam to slash almost US$39 million road projects
    August 18, 2015
    An approval has been granted by the prime minister to scale down and slash investment for a road project linking Hai Phong-Hanoi and Cau Gie-Ninh Binh motorways in Vietnam. In 2011, work on the project started and within 2015, it is anticipated that the project will reach completion. Due to a capital squeeze, investment on the project will reach nearly US$212 million, a cut of almost $39.64 million. By 2017, stage one of constructing two traffic lines will be completed.
    Read More
  • Vietnam road infrastructure plans
    February 4, 2019
    New road and bridge links are being opened to drivers in Vietnam, boosting connectivity and transport for the country. The 60km Ha Long-Van Don expressway in Quang Ninh is now open to traffic, having cost around US$514.4 million to construct. The Ha Long-Van Don expressway links the Ha Long - Hai Phong - Hanoi expressway with Van Don Airport and was built by the BOT Bien Cuong Joint Stock Company. And the 47km road stretch connecting the Hanoi-Haiphong and Cau Gie-Ninh Binh expressways is also now open to
    Read More
  • Vietnam’s authorities plan to invest in concrete roads
    April 4, 2012
    The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
    Read More
  • Vietnam coast road project underway
    February 18, 2019
    Construction work has commenced on a new coast road project in Vietnam’s Thai Binh Province. The road will provide an important connection, improving transport between the ports at Hai Phong, Quang Ninh and Diem Dien and the Cat Bi International Airport. It will also connect to the Ninh Binh-Hai Phong-Quang Ninh expressway and improve links between the Thai Binh economic zone, industrial clusters in Thai Thuy and Thien Hai districts. The project is being carried out under the build-operate-transfer model an
    Read More

Highlighted Content