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

  • Support for Poland’s A1
    July 6, 2012
    The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con
    Read More
  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More
  • Vietnam expressway expansion projects
    February 26, 2019
    Vietnam is planning 11 expressway projects. The Vietnamese Government has set aside US$239 million for the work, with three projects due to commence during 2019. Further financing will be required to pay for the projects and is being provided by various banks. The three projects starting in 2019 are the Cam Lo to La Son expressway costing $342 million, the Cao Bo to Mai Son expressway costing $215 million and the My Thuan 2 bridge, also costing $215 million. Work on the remaining eight projects will commenc
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content