Skip to main content

Vietnam to slash almost US$39 million road projects

An approval has been granted by the prime minister to scale down and slash investment for a road project linking Hai Phong-Hanoi and Cau Gie-Ninh Binh motorways in Vietnam. In 2011, work on the project started and within 2015, it is anticipated that the project will reach completion. Due to a capital squeeze, investment on the project will reach nearly US$212 million, a cut of almost $39.64 million. By 2017, stage one of constructing two traffic lines will be completed.
August 18, 2015 Read time: 1 min
An approval has been granted by the prime minister to scale down and slash investment for a road project linking Hai Phong-Hanoi and Cau Gie-Ninh Binh motorways in Vietnam.

In 2011, work on the project started and within 2015, it is anticipated that the project will reach completion.

Due to a capital squeeze, investment on the project will reach nearly US$212 million, a cut of almost $39.64 million.

By 2017, stage one of constructing two traffic lines will be completed.

Related Content

  • Norway moves toward more E39 coastal road improvements
    April 4, 2019
    Norway is working on plans to make more of the major north-south E39 coastal route a ferry-free highway, coasting €35.3 billion, according to media. In Norway, the trans-European route 39 is part national road system and is developed and maintained by the public roads administration. It runs for 1,330km along the coast from Klett just south of Trondheim to Nørresundby. Norway’s E39 is mostly a two-lane undivided road with only relatively short sections near Stavanger, Trondheim and Bergen being motorw
  • Vietnam pushes ahead with road programme
    February 29, 2012
    Plans are in hand for a groundbreaking ceremony on Vietnam's Ben Luc-Long Than expressway during July-September 2011.
  • Vietnam discusses highway projects with World Bank
    February 29, 2012
    Vietnam's Ministry of Transport has given its approval for the six-lane Thanh Hoa-Ninh Binh highway project, which will follow the PPP model.
  • Bolivian project moving forward
    February 24, 2012
    Bolivia's 306km Villa Tunari-San Ignacio de Moxos road is due for completion in 2014. The new road will provide and important link for the departments of Beni and Cochabamba