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

  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
    Read More
  • Building a major Turkish highway project
    August 15, 2018
    The North Marmara Motorway Project in Turkey has been a major focus for project financing, as well as for novel technical solutions for its construction. This mega infrastructure project is intended to boost transport connectivity between the European and Asian sides of Turkey International law firm Winston & Strawn LLP has advised on major project financing for two sections of the highway. The structure for implementation of the Project is based on the build-operate-transfer (BOT) concession model. The
    Read More
  • Philippines: Laguna Expressway and Dike Project fails to get bids
    March 30, 2016
    Construction of a major 47km highway and sea protection dike development in Manila has been thrown into doubt after no bids were received for the US$2.65 billion contract. Philippines media report that the Department of Public Works and Highways declared the auction for the six-lane Laguna Expressway Dike Project a failure after the three pre-qualified bidders didn’t submit bids. The pre-qualified consortia were Trident Infrastructure and Development consortium – consisting of SM Prime Holdings, Megaw
    Read More
  • The world’s longest suspension bridge
    June 24, 2024
    The world’s longest suspension bridge is the 1915 Çanakkale Bridge in Turkey. This engineering marvel links Gelibolu with Lapseki, forming a key section of the 101km highway linking Malkara with Çanakkale. *Article produced in partnership with the General Directorate of Highways (KGM), Ministry of Transport and Infrastructure, Republic of Türkiye.
    Read More

Highlighted Content