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

  • Major new highway project for Malaysia
    October 16, 2012
    A new highway project being proposed for Malaysia will improve connectivity for the country’s Kuantan and Johor Baru regions. This new route will initially measure 350km but could then be extended to connect with neighbouring Thailand and become the main East Coast highway. The project has been put forward by the Pahang Federation of Chinese Associations (Huazong). Construction of this link could provide major economic benefits to the Kuantan and Johor Baru regions and in the long term would help promote tr
  • Vietnam plans new roads for Hanoi city
    September 12, 2013
    Funding from South Korea will help finance work on a key road link for the Vietnamese city of Hanoi. The state-run Export-Import Bank (EXIM) of Korea will provide loans worth up to US$200 million to build the 17.85km road, which will connect Hanoi to a nearby industrial area. The four lane road will link the Nhon Trach industrial complex with Ho Chi Minh (HCM) City. The EximBank’s economic development cooperation fund is supplying the loans. In all the road project is likely to cost some $430 million, with
  • Hanoi-Can Tho expressway in Vietnam bond financing evaluation
    April 30, 2013
    The capital planning for the major expansion and upgrading of Hanoi-Can Tho expressway in Vietnam is being considered ahead of a National Assembly evaluation for bond financing. The Ministry of Transport (MoT) has made a proposal for the prime minister to seek the National Assembly's permission to issue government bonds to handle the project. Last month, the MoT presented Document 2738/BGTVT-KHDT to the prime minister to seek capital resources for 17 road sections under the project. The government bonds wil
  • New report highlights investment potential in US
    February 28, 2012
    A new report from international consultancy EC Harris says that highway investors consider developed nations to provide the best economic benefits at present.