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 massive highway upgrade project
    June 14, 2012
    Work is well underway on a massive highway project in Vietnam designed to boost transport connections between key cities. The country’s Ministry of Transport has announced that it expects to complete upgrading and widening work on National Highway I by the end of 2016. The upgraded highway will improve connections between the cities of Chan Tho and Hanoi. The project is being carried out under a build-operate-transfer model and has is expected to cost some US$4.27 billion.
  • Vietnam expressway opening
    May 3, 2022
    A new Vietnam expressway will be opening shortly.
  • Vietnam’s North-South Expressway project prioritised
    October 20, 2017
    Vietnam’s Ministry of Transport is prioritising the construction of the North-South expressway project. It is seeking the approval of the Vietnamese Government approval to speed up the development of a 713km stretch of the expressway. This particular section of the expressway is phase one of the project and has an estimated construction cost of US$ 5.73 billion. Just over half of the construction cost will be paid for by private investors while Government bonds are expected to pay for the remaining sum. Thi
  • Vietnam’s transport boost to follow the pandemic
    January 17, 2022
    Vietnam has plans for a boost to transport to follow the pandemic.