Vietnam highway works planned

New highway works are planned for Vietnam.
By MJ Woof October 22, 2020 Read time: 1 min
The funding model for stretches of the North-South Expressway in Vietnam is being changed – image courtesy © Fckncg, Dreamstime.com
A series of highway works will be carried out in Vietnam, to improve transport connections. However, the financial model for some projects will be changed so as to deliver the necessary funding.

Three of the eight stretches for the North-South Expressway will now be financed by the Vietnamese Government, instead of falling under the PPP model as originally planned. These three stretches are the sections from Phan Thiet to Dau Giay, Mai Son to National Highway 45 and Vinh Hao to Phan Thiet.

However, the Cam Lo to La Son and Cao Bo to Mai Son stretches may also be state-funded, having received official approval for this switch from the PPP model as well. In all, the work for these five stretches of the highway route will cost an estimated US$1.75 billion.

Meanwhile, another important construction project is being planned in Vietnam. This is for the An Phu Intersection project that will link the North-South Expressway to Ho Chi Minh City. The project includes building two overpasses carrying two lanes in either direction and the Ba Dat Bridge as well as two tunnel stretches.
Finance & Funding

Related Content

  • Vietnam costs the first section of the Bien Hoa-Vung Tau highway
    January 9, 2015
    The cost of the first section of Vietnam’s Bien Hoa-Vung Tau highway, a 47km stretch in the Southern Key Economic Zone, will be around US$355 million. Vietnam’s transport ministry said the total cost of the entire 70km motorway will come in at $1.03 billion. The government considers the zone to be the country’s engine of growth, accounting for 60% of Vietnam’s industrial production by value and 70% of export revenue. The zone consists of eight localities - Ho Chi Minh City (formerly called Saigon), Bi
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • India’s US$1.7 billion Mumbai Coastal Highway
    March 18, 2024
    India’s US$1.7 billion Mumbai Coastal Highway inaugurated
    Read More
  • Two major Indian highway links under construction
    July 21, 2022
    Two major Indian highway links are under construction.
    Read More

Highlighted Content