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.
Finance & Funding

Related Content

  • US$5.9 billion for three Philippines expressways
    July 10, 2024
    US$5.9 billion is being spent for three new expressways in the Philippines.
    Read More
  • International interest in key Vietnam link
    April 27, 2012
    Vietnam's Transport Ministry is well on track with its plans for the design and construction of the Danang-Quang Ngai Expressway. This 139km highway will link Tuy Loan Town in Hoa Vang District of Danang and the west side of Quang Ngai City.
    Read More
  • South Korea-North Korea highway link?
    May 18, 2015
    An optimistic tone in South Korea is seeing the construction of an expressway connecting Seoul and Munsan. The project is being carried out in a bid to boost trade with North Korea. This is in spite of the current uncertain political situation in North Korea. The expressway will connect South Korean capital Seoul to Munsan, which lies to the south of the Demilitarised Zone bordering North Korea. More private investment can be roped in via the plan to build the expressway. An environmental impact assessment
    Read More
  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More

Highlighted Content