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

  • Paying for the roads we drive
    February 6, 2018
    All around the world, vehicle numbers are growing fast and existing roads are seeing increasing congestion. This rapid increase in vehicle ownership is particularly acute in the developing world. Reductions in actual vehicle purchase costs have resulted in an explosion in vehicle numbers using the roads. In the past, governments were able to fund road expansion programmes from their own sources. The most ambitious of these came when the US Government commenced construction of the Interstate system in 1956,
    Read More
  • Vietnam-Cambodia expressway link gets approval
    May 5, 2017
    Construction of a new expressway is intended to improve the connection between Cambodia’s capital Phnom Penh and Vietnam’s capital, Ho Chi Minh City. This is the product of discussions between the Vietnamese and Cambodian governments. The project is expected to cost US$650 million and the new link will feature three lanes in either direction and will run alongside the existing Highway 22 in Vietnam and Highway 1 in Cambodia. The new route will feature a maximum speed of 120km/h and will stretch for 65km in
    Read More
  • New highway projects for Russia
    December 2, 2021
    New highway projects are planned for Russia.
    Read More
  • Paraguay bridge project completion date
    June 24, 2022
    A completion date has been set for a Paraguay bridge project.
    Read More

Highlighted Content