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

  • Vietnam’s North-South Expressway tenders open
    October 1, 2019
    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.
    Read More
  • Vietnam’s major road and bridge projects
    September 27, 2021
    Work continues for Vietnam’s major road and bridge projects.
    Read More
  • Vietnam’s key highway project receiving initial funding
    November 15, 2018
    Funding from the World Bank will help with the development of Vietnam’s North-South Expressway project. The Vietnamese Government has sourced US$214 million for the project already from its own funds. The highway will stretch 654km across the country, speeding transport and helping develop trade and tourism. Because of the project’s scale, the work is being split into 11 separate stretches and should be complete by 2025.
    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

Highlighted Content