Vietnam’s north-south highway project gathers pace

The proposed north-south highway project in Vietnam is gaining traction, with financing options now being considered. The Vietnamese Government is investigating a suggestion by the country’s central bank that local funding could pay for the building of the 1,372km route. However securing financing from the private sector for major projects has become more difficult in recent times. The project is expected to cost in the region of US$13.9 billion to construct and looks likely to be built using a PPP model.
May 26, 2017 Read time: 1 min

The proposed north-south highway project in Vietnam is gaining traction, with financing options now being considered. The Vietnamese Government is investigating a suggestion by the country’s central bank that local funding could pay for the building of the 1,372km route. However securing financing from the private sector for major projects has become more difficult in recent times. The project is expected to cost in the region of US$13.9 billion to construct and looks likely to be built using a PPP model.

Finance & Funding

Related Content

  • Slovakia opens up more D1 motorway sections to tender
    June 9, 2015
    Slovakia’s national motorway company NDS has put out to tender two sections of the D1 motorway near Presov and Kosice. Both tenders have been published in the Official Journal of the European Union, with bid submission deadlines set for June 29. The first section is the south-west D1 by-pass of Presov at nearly 8km long, including the construction of a 2km duel-tube road tunnel Presov and estimated to cost €443.4 million. The second section is the 14.5km-long D1 Budimir to Bidovce stretch, with cost
    Read More
  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
    Read More
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the
    Read More
  • Public-private participation for highway law enforcement
    April 18, 2017
    In some countries, public-private partnerships for road traffic law enforcement are helping to greatly reduce traffic fatalities. But careful implementation is essential, according to a new white paper. Big brother is watching you. Speed cameras are just a cash cow for local authorities. Police use them to keep their speeding ticket statistics high. The list of suspicions goes on. But there is nothing suspicious about road deaths, says Philip Wijers, chairman of the sub-committee on enforcement at the US-ba
    Read More

Highlighted Content