Skip to main content

Vietnam’s massive transport investment programme planned

Vietnam is setting out plans for a massive programme of infrastructure investment. International investment is being sought, with many of the projects being planned under the PPP model. Transport will be placed as a top priority, with a budget of US$400 billion having been discussed as Vietnam’s transport spending target for the next 10 years. One of the biggest projects will be for the construction of a new highway connecting Vietnam’s two main cities, Ho Chi Minh City and Hanoi. The two cities are some 1,
April 20, 2017 Read time: 2 mins

Vietnam is setting out plans for a massive programme of infrastructure investment. International investment is being sought, with many of the projects being planned under the PPP model. Transport will be placed as a top priority, with a budget of US$400 billion having been discussed as Vietnam’s transport spending target for the next 10 years. One of the biggest projects will be for the construction of a new highway connecting Vietnam’s two main cities, Ho Chi Minh City and Hanoi. The two cities are some 1,137km apart but on the present roads, the distance between them is 1,757km. A new highway connecting the two cities would shorten the distance and the travel time, while featuring up to 10 lanes and costing up to $13 billion to construct. Other transport projects would include building new airport facilities, high speed rail and commuter metro systems.

Related Content

  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
  • Strong interest in upcoming bC India show
    April 11, 2014
    The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning
  • Auckland’s future strategic transport requirements
    July 5, 2012
    The Auckland Harbour Bridge is at the stage that it cannot cope with much more traffic, yet the population of the Auckland region continues to grow at a steady rate. Coupled with that, the bridge is a key link in the most important transport corridor in the country, State Highway One. Without it, the country would struggle to function. Not only home to New Zealand's largest city and one third of its population, Auckland's port is one of the country's largest. Some 140m north of the city is Marsden Point, th
  • Mexico has plans for massive infrastructure investment
    July 19, 2013
    Mexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet