Skip to main content

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.

Related Content

  • Vietnam’s major road works are underway
    January 10, 2023
    Vietnam’s major road works are underway as North-South Expressway stages commence.
  • Completion date for stretches of Vietnam’s key project
    October 25, 2018
    The completion date has been announced for sections of Vietnam’s key road project. The North-South Expressway project is being built in eight stretches with the work being handled under the PPP model. Vietnam’s transport ministry is aiming for sections of the route to be built by the second quarter of 2020. Funding worth US$5.09 billion has been secured for the project. The North-South Expressway forms a key part in Vietnam’s national road strategy. The plan also includes upgrading, improving and maintaini
  • Vietnam’s new beltway project
    October 12, 2018
    Work is progressing in Vietnam’s Ho Chi Minh City for construction of the new Beltway No3. An additional US$128.6 million is being set aside from the city’s budget to speed up work on the highway. The new beltway will measure 90km long, will allow vehicle speeds of up to 100km/h, with from two to four lanes in either direction. The route is being built in four sections. One stretch connects the Trung Luong expressway and National Highway No 22, another links National Highway No 22 and Binh Chuan, one joins
  • Vietnam sets highway plan of action
    May 28, 2012
    Additional funding is being sought for the third stage of a project that will upgrade the 3,010km Ho Chi Minh Highway in Vietnam. The third phase of the project has an estimated investment capital of some US$14.7 billion and foreign and local investors are being invited to invest in the road through different funding structures. The funding models will include the proven build-transfer-operate (BTO), build-transfer (BT) and build-operate-transfer (BOT) systems, with from 20%-30% of the funding to come from