Vietnam planning major transport upgrade programme

Vietnam is planning a series of major works to upgrade transport in the Central Highlands area. The Vietnamese Government has released plans to spend some US$4.95 billion improving transport infrastructure in the Central Highlands. A significant portion will be used for 12 projects to build and upgrade several sections of national highways. Government funding will pay for a portion of this work, with private sources providing the remaining financing, although further details have not yet been released.
November 23, 2015 Read time: 1 min
Vietnam is planning a series of major works to upgrade transport in the Central Highlands area. The Vietnamese Government has released plans to spend some US$4.95 billion improving transport infrastructure in the Central Highlands. A significant portion will be used for 12 projects to build and upgrade several sections of national highways. Government funding will pay for a portion of this work, with private sources providing the remaining financing, although further details have not yet been released.

One of the major projects planned is for the Day Giay - Lien Khuong Highway, which looks likely to be carried out under the Build-Operation-Transfer model. In addition, plans are being set out to upgrade trans-regional roads and roads that link with other provincial and rural roads.
Finance & Funding Road Structures

Related Content

  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
    Read More
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
    Read More
  • 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
    Read More
  • Progress on Vietnam US$2bn transport infrastructure projects
    July 17, 2012
    Two major transport infrastructure projects in Vietnam with a combined value of more than US$2billion are a step closer to completion. A tender to appoint a contractor for the US$1.47billion Danang-Quang Ngai highway development has been published by Vietnam Expressway Corp (VEC).
    Read More

Highlighted Content