Vietnam ponders PPP for Ring Road 4 work in Ho Chi Minh City area

A 36km segment of 197km Ring Road 4 project in the Long An Province could cost as much as US$300 million, according to a prefeasibility study. The segment runs from Ben Luc rural district to Hiep Phuoc Port in the Ho Chi Minh urban area, as noted in the study prepared by Cuu Long Corporation. The government is considering offering the work as a public-private partnership. The road would feature 10 bridges and an overpass at an intersection with National Highway 1. If approved, work could start i
April 24, 2019 Read time: 1 min

 A 36km segment of 197km Ring Road 4 project in the Long An Province could cost as much as US$300 million, according to a prefeasibility study.

The segment runs from Ben Luc rural district to Hiep Phuoc Port in the Ho Chi Minh urban area, as noted in the study prepared by 3561 Cuu Long Corporation.

The government is considering offering the work as a public-private partnership.

The road would feature 10 bridges and an overpass at an intersection with National Highway 1.

If approved, work could start in the third quarter of 2020 with completion set for the first quarter of 2023. Capital cost for the project would be recovered within an estimated 19 years and seven months.

Finance & Funding

For more information on companies in this article

Related Content

  • Indonesia’s Trans-Papua road gets priority to support National Games
    May 14, 2015
    Indonesia’s president Joko Widodo has vowed to complete the Trans-Papua Highway by 2019, two years later than previously scheduled. Work on the seven-year old project has been dogged by difficulties, including transporting construction equipment and material around the mountainous province on the island of New Guinea, the Jakarta Post newspaper reported The Ministry of Public Works and Public Housing said it will spend around $4.36 billion this year on infrastructure nationally. This will include reha
    Read More
  • PPP project planned for Aruba
    November 29, 2013
    The Government in Aruba in the Caribbean is giving its approval for its second PPP transport infrastructure project, the Watty Vos Boulevard. The start of the tender process for the project is planned for the first quarter of 2014. PwC is the transaction advisor for the Contracting Authority, while the Dutch Ministry of Infrastructure and local legal firm Sjiem Fat & Co are also part of the team. The project will cost some US$120 million and involves the construction of a new arterial road 2x2 around Oranje
    Read More
  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
    Read More
  • A history lesson in private public partnerships
    February 15, 2012
    Michel Démarre gives some historical insights into public-private partnerships conceived to implement urban infrastructure projects, a concept that surprisingly dates back to as early as the 13th century!
    Read More

Highlighted Content