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

  • US$1.1 billion PPP highway for Vietnam
    June 28, 2024
    A US$1.1 billion PPP highway is planned for Vietnam.
  • $152 million Morocco viaduct project
    August 5, 2025
    Completion for a $152 million Morocco viaduct project is due in 2027.
  • Contracts are about to be signed for the Fehmarnbelt Fixed Link
    March 13, 2015
    Nearly eight years after Denmark and Germany agreed to construct a major undersea road and rail tunnel, the first contracts are about to be signed. David Arminas reports. Construction is due to start later this year on one of Europe’s most ambitious, as well as the world’s longest, road and rail tunnels, the 17.6km Fehmarnbelt Fixed Link between Germany and Denmark. Fehmarnbelt is expected to cost around US$7.5 billion and be five times the length of the Øresund tunnel between the Danish capital Copenhagen
  • Contracts are about to be signed for the Fehmarnbelt Fixed Link
    March 13, 2015
    Nearly eight years after Denmark and Germany agreed to construct a major undersea road and rail tunnel, the first contracts are about to be signed. David Arminas reports. Construction is due to start later this year on one of Europe’s most ambitious, as well as the world’s longest, road and rail tunnels, the 17.6km Fehmarnbelt Fixed Link between Germany and Denmark. Fehmarnbelt is expected to cost around US$7.5 billion and be five times the length of the Øresund tunnel between the Danish capital Copenhagen