Skip to main content

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.

Related Content

  • Loan for Bosnia project
    June 25, 2012
    The European Bank for Reconstruction and Development (EBRD) has granted a €150million sovereign-guaranteed loan for the construction of part of the new Banja Luka–Doboj motorway in Bosnia and Herzegovina. The loan-targeted motorway section is the main east–est link in Republika Srpska, one of the country’s entities. The EBRD said that it will also support the preparation of the first public–private partnership (PPP) project for the main north–south link in Bosnia and Herzegovina, the Doboj to Vukosavlje seg
  • Kosovan highway ahead of schedule
    April 25, 2012
    In Kosovo, work is pushing ahead of schedule on the Route 7 highway to link capital Pristina with the Albanian border. Sections of the 120km highway have been opened, one year ahead of schedule. An official opening of several sections of the highway has been carried out by Kosovan leaders, including Prime Minister Hashim Thaçi, President Atifete Jahjaga, and members of Parliament, along with Albanian Prime Minister Sali Berisha and US representatives Eliot Engel (D- NY) and Gary Peters (D-MI) joined thousan
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
  • Building Georgia’s transport connections to its neighbours
    October 26, 2016
    Georgia’s government aspires to turn the country into a regional transport-transit hub, and with renovated and expanded transportation infrastructure it knows that the country can offer significant opportunities to others in the region, and globally – Gordon Feller writes The Caucasus Transit Corridor (CTC) is the key transit-route between Western Europe and Central Asia for oil and gas, as well as dry cargo. CTC is part of TRACECA (TRAnsport Corridor Europe to Central Asia). This is the shortest route