Work underway on key Vietnam expressway project

Construction work is underway on Vietnam’s key Trung Luong-My Thuan expressway project. The rate of construction has been speeded up for the section located in Tien Giang Province. Funding issues had previously slowed the work. However a complete financing package has yet to be secured.
August 8, 2019 Read time: 1 min

Construction work is underway on Vietnam’s key Trung Luong-My Thuan expressway project. The rate of construction has been speeded up for the section located in Tien Giang Province. Funding issues had previously slowed the work. However a complete financing package has yet to be secured.

Finance & Funding

Related Content

  • Slovakia highway funding secured
    July 24, 2019
    Funding is now secured for the Budimir-Bidovce stretch of Slovakia’s D1 highway project. In addition, the funding for the Kosicke Olsany-Hrasovik stretch of the R2-R4 expressway has been secured. The EU’s Cohesion Fund will supply €173 million for the work, which is intended to cut congestion and journey times. New interchanges and noise reduction systems will be built. Also included will be the construction of 23 new bridges.
    Read More
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
    Read More
  • Funding issues – delays to Kenya’s major highway project?
    April 17, 2018
    Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,
    Read More
  • China road works being planned
    May 25, 2020
    Work is being planned in China for a series of major new road projects.
    Read More

Highlighted Content