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

  • Vietnam’s major road and bridge projects
    September 27, 2021
    Work continues for Vietnam’s major road and bridge projects.
    Read More
  • Vietnam’s major highway project on track
    April 1, 2019
    Construction work is underway on Vietnam’s North-South highway project. A 654km stretch of the route is being built at present, with this work costing US$5.1 billion. Clearance work for other sections of the North-South highway is due co commence. In mid-2019, construction work is due to start on three sections, while tendering will open for eight PPP projects that will for stretches of the North-South highway.
    Read More
  • Vietnam’s transport gain from major road project
    November 15, 2017
    Vietnam’s North-South Expressway project will boost transport for both goods and passengers. This is the finding of a report from Vietnam's Transport Ministry. According to the report, demand to move goods along the route will climb to 62.3 million tonnes/year by 2020. Meanwhile the report says that the route will handle up to 45.4 million passengers/year by 2020. Because of its importance to the Vietnamese economy, the Ministry of Transport is highlighting that the country cannot allow the project to suff
    Read More
  • Vietnam’s key highway project commencing
    February 14, 2019
    Construction of Vietnam’s North-South expressway is planned to commence during 2019. An initial funding package of US$600 million will pay for the start of the works, which includes buying the land and clearing the way for the route. The winners of the tenders for the first sections should be announced in April-June 2019, with these sections due for completion in 2021. The winners of the tenders for a bridge section on the route should be announced in October 2019, with the bridge due for completion in 2022
    Read More

Highlighted Content