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

  • Romania to build wildlife bridges over the A1
    June 17, 2019
    Romania’s transport ministry says it plans to build animal crossings over the A1 motorway between Lugoj and Deva in the west of the country. The crossings will be over a 9km section of the A1 and cost around €180 million, said Razvan Cuc, the transport minister. nTenders will be issued for both the design and construction with work to start by the end of the summer. When completed, likely by the end of this year, the A1 will be 576km long and run across Romania in a south-east to north-west direction.
    Read More
  • Japanese firm building Vietnam link
    February 24, 2012
    Japanese firm Sumitomo Mitsui is handling a US$52 million contract to build a section of the planned elevated expressway in Hanoi.
    Read More
  • Widening and upgrade for highway in Nicaragua’s capital
    January 27, 2017
    Nicaragua is continuing to develop its highway network, this time with a major project planned for the capital, Managua. A loan worth close to US$107.5 million from the Central American Bank for Economic Integration (CABEI) is to help pay for the project. The work calls for the upgrade and widening of the Pista Juan Pablo II route running through Managua. The 9.55km stretch of road will benefit from three additional lanes, helping to boost capacity and reduce congestion and delays at peak periods. Safety pr
    Read More
  • EIB supporting Finnish PPP highway project
    June 17, 2015
    The European Investment Bank (EIB) is providing financial support for a key Finnish highway project, which will be run on a PPP basis. The EIB is providing a €102 million long-term loan to finance the construction of a 32km highway stretch between Hamina and Vaalimaa in Finland. This section will be built on a public-private-partnership (PPP) basis. Using this model is expected to reduce the construction cost and also shorten the time needed to complete the work in comparison to a conventional procurement p
    Read More

Highlighted Content