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

  • Key highway projects planned for Vietnam
    April 5, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
    Read More
  • Vietnam highway works planned
    October 22, 2020
    New highway works are planned for Vietnam.
    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
  • Construction of Vietnam’s Da Nang-Quang Ngai expressway begins
    November 25, 2013
    Construction of Vietnam’s US$1.4 billion Da Nang-Quang Ngai expressway is now underway. The near 140km-long expressway will have four lanes and a speed limit of 120km/hour. It will link economic hubs like Dung Quat (Quang Ngai), Da Nang-Chu Lai (Quang Nam) and Nhon Hoi (Binh Dinh). The expressway will also have a monitoring centre, a maintenance centre and a service centre. The Vietnamese government, the World Bank and the Japan International Co-operation Agency have provided official development assistan
    Read More

Highlighted Content