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 reaches out to private firms for projects in Madura
    August 11, 2017
    The Indonesian government is courting private investment and encouraging bids for major projects on Madura, an island off the northeastern coast of Java, another island. Madura is part of the East Java province and is separated from Java by the narrow Strait of Madura. The first project would be a 15.3km toll bridge costing likely around US$160 million which would allow access to a planned port, said Herman Hidayat, acting head of the Surabaya-Madura Development Agency.
    Read More
  • Champlain Bridge consortium files lawsuit
    October 25, 2021
    Signature on the Saint Lawrence claims the Canadian federal government passed a large part of additional costs onto SSL.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Road user charging to pay for road improvements?
    February 20, 2012
    What is the current situation with Russian roads? It is an objective answer to this question that is contained in the official report of the Federal State Statistics Service for 2009. Here it states: "...public roads are of poor quality: 8.4% of roads accounted for groundwater, nearly a third of roads are gravel, rubble or cobblestone.
    Read More

Highlighted Content