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 highway project receiving South Korean funding?
    November 3, 2017
    Vietnam’s Belt Road Three project is being planned at present, with some of the financing still being sought. The route will run between Tan Van District and Nhon Trach District, crossing the Dong Nai River. The project is expected to cost US$2.46 billion to construct and will feature four lanes initially, with additional lanes being built in future phases. The 89.3km route has been approved and runs through the provinces of Binh Duong, Dong Nai and Long An, as well as through the outskirts of Ho Chi Minh
    Read More
  • Taiwanese firm building Vietnam road
    June 17, 2013
    A Taiwanese-owned construction company will build a new road in Vietnam’s Quang Hing Province. The new road will measure 20km long and will connect Ha Long City and Bach Dang Bridge. Costing close to US$276 million to construct, the road will connect with the existing Hanoi-Hai Phong Expressway. The work is being carried out under the build-transfer model and is due for completion by 2015. The new road will feature four lanes in all, with two lanes in either direction, and the project includes the construct
    Read More
  • New highway projects for Vietnam
    February 14, 2012
    In Vietnam the Nam Cuong Group (Nam Cuong) is restarting work on a key a 63km road connecting the north and south of Hanoi.
    Read More
  • Japan ODA cash for Vietnam’s Tan Vu-Lach Huyen Bridge
    February 19, 2014
    Work has begun on the Tan Vu-Lach Huyen Bridge located in Hai Phong, a northern port city of Vietnam. The 5.4km long and 16m wide bridge is expected to be completed by early-2017. The structure’s total construction cost combined with the cost of a 10km road leading to it will be US$562.28 million (VND 11.85 trillion).
    Read More

Highlighted Content