Vietnam’s North-South Expressway project prioritised

Vietnam’s Ministry of Transport is prioritising the construction of the North-South expressway project. It is seeking the approval of the Vietnamese Government approval to speed up the development of a 713km stretch of the expressway. This particular section of the expressway is phase one of the project and has an estimated construction cost of US$ 5.73 billion. Just over half of the construction cost will be paid for by private investors while Government bonds are expected to pay for the remaining sum. Thi
October 20, 2017 Read time: 2 mins
Vietnam’s Ministry of Transport is prioritising the construction of the North-South expressway project. It is seeking the approval of the 983 Vietnamese Government approval to speed up the development of a 713km stretch of the expressway. This particular section of the expressway is phase one of the project and has an estimated construction cost of US$ 5.73 billion. Just over half of the construction cost will be paid for by private investors while Government bonds are expected to pay for the remaining sum. This first stretch of the expressway will connect the provinces of Dong Nai, Khanh Hoa, Hue, Quang Tri, Ha Tinh and Nam Dinh, with work being carried out from 2017 to 2020. The 713km section is being split into 11 separate construction deals, eight of which will be under the build-operate-transfer model and three utilising public funding.


Work on the second phase of the expressway will be carried out from 2020 to 2025 and will include sections from Bai Vot in Ha Tinh to Cam Lo in Quang Tri, and from Quang Ngai to Nha Trang. This second phase will be split into nine separate contracts. The first two phases will measure 1,372km and will cost $13.75 billion to build.

The third phase of the work will be for the stretch from Can Tho to Ca Mau and work will start in 2025. In all the expressway will measure 2,109km long and will run from Lang Son province in the north of Vietnam to Ca Mau province in the south of the country. The expressway project will include upgrading some existing sections of the route, with widening and improvement work and increasing the number of lanes from two to four. The project will also include the construction of new sections of four lane expressway however. Once complete the new expressway will cut journey times and improve transport right across the country.

Finance & Funding

For more information on companies in this article

Related Content

  • New Vietnam bridge project to cut congestion
    October 24, 2016
    A new bridge project in Vietnam’s Ho Chi Minh City will help cut traffic congestion. The project is expected to cost in the region of US$157 million and four contractors will work on the construction of the 3.2km long Bình Tiên Bridge. The plans call for the bridge to carry four traffic lanes and be from 30-40m wide, although the design has yet to be finalised. The work will be carried out in two separate sections, while the client for the Bình Tiên Bridge and Road project is Ho Chi Minh’s Transport Departm
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Vietnam bridge project planned
    November 7, 2022
    Vietnam’s new bridge project is planned
    Read More
  • A new expressway link for Vietnam
    November 11, 2019
    A new 225km expressway link in Vietnam will help boost connectivity between the Mekong Delta area in the south east of the country and Ha Tien Province. The project for the Ha Tien-Rach Gia-Bac Lieu expressway is expected to cost US$1.2 billion. The expressway will feature two lanes in either direction and will also connect with Vietnam’s National Highway 1A.
    Read More

Highlighted Content