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

  • Quebec sets out plan for maintenance of provincial roads
    June 23, 2014
    A substantial plan for road maintenance has been established by Transport Quebec in Canada. The 2014-2016 roadwork plan sets out works needed to provincial roads on Montreal Island. The work is worth some US$1.23 billion (C$1.34 billion) and involves repairing existing road infrastructure. Meanwhile a further $78.85 million (C$85.9 million) will be spent on new roads. The plans call for some 74 work sites in all, with 244 structures to be replaced or repaired. Under the plan, a total of 11,345 jobs will be
    Read More
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • Indonesia set for major PPP infrastructure tendering round
    March 10, 2015
    The Indonesian government is getting ready to tender for major infrastructure projects including roads to be developed under public-private partnership (PPP) contracts, the Jakarta Post reported. Public Works and Public Housing minister Basuki Hadimuljono said in Jakarta that the first priorities would be on the 94km Balikpapan-Samarinda toll road, the 7km Manado-Bitung toll road in North Sulawesi and a drinking water treatment system project in western Semarang, central Java. The projects will prove that P
    Read More
  • US$1.27 billion Vietnam transport infrastructure works proposed
    August 29, 2024
    Transport infrastructure works worth almost US$1.27 billion are being proposed for Vietnam.
    Read More

Highlighted Content