Vietnam developing transportation network

Vietnam has major plans to develop its transportation infrastructure by 2020. The work required could cost in the order of US$45.9 billion. Of this, some 64.1% will be required to improve the national road system. The State Budget has so far provided approximately 30-40% of the financing required. However, the country has a need for international investment to further develop its transportation system. One of the barriers to PPPs has been a lack of clear policy on indirect government support. Another proble
July 14, 2015 Read time: 1 min
Vietnam has major plans to develop its transportation infrastructure by 2020. The work required could cost in the order of US$45.9 billion. Of this, some 64.1% will be required to improve the national road system. The State Budget has so far provided approximately 30-40% of the financing required. However, the country has a need for international investment to further develop its transportation system. One of the barriers to PPPs has been a lack of clear policy on indirect government support. Another problem hindering PPPs has been a lack of experience within Vietnam’s public agencies for planning and supervising such projects. But new policies are being put in place to attract private investment in Vietnam’s planned PPP projects.
Finance & Funding Road Structures

Related Content

  • Free flow tolling technology is booming
    April 10, 2013
    Jon Masters reports on the latest moves in the free-flow tolling segment. Free-flow tolling of roads and discrete infrastructure, such as bridges and tunnels, is an area of transportation that appears to be booming. Tolling in general is on the up, often still as a means for funding road projects where public sector budgets can no longer cover the necessary costs, but not exclusively so. Several high profile examples of road user charging for ‘demand management’ – the reduction of congestion as part of a wi
    Read More
  • Vietnam beltway deal agreed
    June 26, 2023
    Work for a key Vietnam beltway deal has been agreed
    Read More
  • Moscow to invest $20 billion in massive road-building by 2015
    March 28, 2014
    A huge investment in road building will expand Moscow’s network – Eugene Gerden reports The government of Moscow plans to invest more than RUB 640 billion (US$20 billion) during the period of 2014-2015 .in a massive investment of road building in the city. This is expected to be part of Moscow city’s Master Plan, which is designed until 2025. Building of new roads is crucial for Moscow and should help the city to solve the problem of traffic jams. Despite all the efforts made by the city’s authorities in re
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More

Highlighted Content