Vietnam’s key highway project feasibility study

The feasibility study is being handled for a stretch of Vietnam’s North-South highway project. The project is likely to cost US$5.22 billion, of which $2.8 billion will be provided by private funding sources, with the remainder coming from the Vietnamese Government’s sources. The project is being overseen by Vietnam’s Ministry of Transport. Vietnam’s Department of Public-Private Partnership (PPP) Projects has urged the bodies involved with eight PPP sub-projects to complete feasibility studies for these
March 9, 2018 Read time: 1 min

The feasibility study is being handled for a stretch of Vietnam’s North-South highway project. The project is likely to cost US$5.22 billion, of which $2.8 billion will be provided by private funding sources, with the remainder coming from the Vietnamese Government’s sources. The project is being overseen by Vietnam’s Ministry of Transport.

Vietnam’s Department of Public-Private Partnership (PPP) Projects has urged the bodies involved with eight PPP sub-projects to complete feasibility studies for these within agreed schedules. Meanwhile, the tender process is being outlined for the My Thuan 2 Bridge. A contractor is to be selected to manage the feasibility plans shortly, with tasks including appraisal consultancy, environmental impact evaluation, site clearance framework and pre-feasibility evaluation.

Finance & Funding

Related Content

  • India’s IRTE wins top Prince Michael of Kent Safety Award
    July 4, 2019
    India’s Institute of Road Traffic Education (IRTE) was among the international winners at the annual Prince Michael International Road Safety Awards in London. IRTE picked up the Premier Award for its road injury prevention programme and for being a key partner in the Safer Cars for India project established by Global NCAP, an independent certification body that evaluates the safety of vehicles. Part of IRTE’s strategy has been the setting up of what is believed to be Asia’s first Masters of Science i
    Read More
  • Cost reductions on Russian highways
    July 12, 2012
    Major cost reductions are being seen on some key highway projects in Russia including the new ring road project in St Petersburg, where the reduction is US$192.31 million. The management of the ring road in St Petersburg has signed an agreement with the main contractors (Flora, the corporation Inzhtransstroy) to cut costs by 12-17.6% in 2009-2010. The 12% reduction is equivalent to US$32.05 million and will apply to contractors that are to complete facilities in 2009. Meanwhile the 17.6% cut is for work pla
    Read More
  • Going Digital helped the Government of Malaysia leverage digital twins to deliver trusted information for better project and asset management.
    March 30, 2020
    In 2014, the government of Malaysia announced a plan to fully develop and upgrade the two-lane trunk road across Malaysia’s largest state, Sarawak, to accelerate socioeconomic growth in East Malaysia.
    Read More
  • New Finland-Sweden bridge proposed
    July 16, 2024
    A bridge costing up to €2 billion linking Finland and Sweden is being proposed.
    Read More

Highlighted Content