Skip to main content

Funding required for Vietnam expressways

Funding is required for the construction of 18 expressway projects in Vietnam. The projects will be worth a total of US$8.32 billion. Vietnam's Ministry of Transport is approaching various investors with a view to raising the necessary capital for the works. Of these projects 11 are planned to be carried out under the build-operate-transfer (BOT) and build-transfer (BT) models. The only project to be fully funded using state sources will be the Cam Lo-La Son BT expressway. The overall length of the projects
March 14, 2016 Read time: 1 min
Funding is required for the construction of 18 expressway projects in Vietnam. The projects will be worth a total of US$8.32 billion. Vietnam's Ministry of Transport is approaching various investors with a view to raising the necessary capital for the works. Of these projects 11 are planned to be carried out under the build-operate-transfer (BOT) and build-transfer (BT) models. The only project to be fully funded using state sources will be the Cam Lo-La Son BT expressway. The overall length of the projects being carried out under the BOT model is 541km. Meanwhile the length for the BT format projects will be 102km.

Related Content

  • Vietnam’s US$1.1 billion expressway stretch
    April 19, 2024
    New additions are planned for Vietnam’s US$1.1 billion expressway project.
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • Work underway on new tunnel and highways in Vietnam
    May 22, 2013
    Work is now underway in Vietnam on a new tunnel and two new highway projects. The US$81 million tunnel project is being carried out under the build-operate-transfer model and lies close to the existing Hai Van tunnel, with completion due in 18 months. Construction work for the upgrade of National Highway 1A is costing some $105 million and should be complete within 24 months. The largest of the three projects however is the 140km Dan Nang-Quang Ngai Expressway, which is costing close to $1.34 billion to con
  • Vietnam's road expansion
    May 28, 2012
    Vietnam is seeing significant expansion of its highway network at present, with another three major projects now moving forward and much of the financial backing coming from other Asian nations such as South Korea and Japan. A feasibility study is being carried out for the 94km Nghi Son-Bai Vot expressway and this should be complete by October 2010. The project is expected to cost US$1.04 billion and the expressway will have either six or four lanes, based on Transport Engineering Design's study.