Skip to main content

Vietnam’s North-South Expressway tenders open

A series of tenders are opening for Vietnam’s landmark North-South Expressway project. Eight sections of the route are being opened for bidding, with these being planned under the build-operate-transfer model. Financing for these eight stretches will be provided by a combination of bank loans, private investors and government funding. The winning bids should be revealed in early 2020. In all the North-South Expressway is expected to cost nearly US$4.3 billion.
October 1, 2019 Read time: 1 min
A series of tenders are opening for Vietnam’s landmark North-South Expressway project. Eight sections of the route are being opened for bidding, with these being planned under the build-operate-transfer model. Financing for these eight stretches will be provided by a combination of bank loans, private investors and government funding. The winning bids should be revealed in early 2020. In all the North-South Expressway is expected to cost nearly US$4.3 billion.

Related Content

  • 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
  • Vietnam’s new highway connection project moving forward
    October 10, 2017
    Vietnam is planning to construct a new expressway in Hoa Binh and Son La provinces in the north of the country. The project is expected to cost US$2.21 billion and will be carried out in two stages under the PPP model. The route runs of 189.5km, with an 85.4km stretch from Hoa Binh to Moc Chau due for completion in 2020. A further 104.1km section will be built later.
  • 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.
  • Vietnam's road expansion
    May 28, 2012
    Vietnam is seeing significant expansion of its highway network at present, with another three major projects now moving forward and much of the financial backing coming from other Asian nations such as South Korea and Japan. A feasibility study is being carried out for the 94km Nghi Son-Bai Vot expressway and this should be complete by October 2010. The project is expected to cost US$1.04 billion and the expressway will have either six or four lanes, based on Transport Engineering Design's study.