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.

Finance & Funding Road Structures

Related Content

  • Hanoi’s $1.9 billion three new bridges
    March 10, 2025
    $1.9 billion is being spent for Hanoi’s three new bridges
    Read More
  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • PPP contract for Moc Bai Expressway?
    June 20, 2024
    Total cost of the Ho Chi Minh City-Moc Bai Expressway project in Vietnam is expected to be around US$835 million
    Read More
  • Peru is planning massive infrastructure investment
    July 12, 2013
    Massive plans for infrastructure investment have been revealed in Peru. The country’s transportation and communications ministry, MTC, intends to invest some US$20 billion in infrastructure by 2016. Public private partnerships will be used to develop many of the planned projects. Transport infrastructure figures heavily in the plans, with spending on highways, the Chinchero-Cuzco airport and Callao’s Jorge Chávez airport, and additions to Lima’s metro network. One of the key road projects will be for the Lo
    Read More

Highlighted Content