In May 2017, the Vietnamese government approved the Transport Ministry's final plan to start building a North-South expressway before 2020, at an investment of $13.8 billion. The 2,100km project is being developed in three separate phases which will link 32 cities and provinces.
The MoT had approved feasibility studies and is selecting technical consultants for 11 sections with a combined length of 650 km from north to south. The MoT has planned to build a number of road projects with an investment of more than $4.35 billion in 2019.
The eastern cluster of the NorthSouth expressway will consist of 11 sections which will cost over $5.06 billion in total, of which $2.36 billion will be funded by the state. Together, the sections will stretch 650 kilometers from Nam Dinh Province near Hanoi to Vinh Long Province to the southwest of Ho Chi Minh City. In July 2019, the Project Management Unit under the Ministry of Transport organized a pre-selection bid process to select investors for seven of eight North-South expressway projects in the form of public-private partnerships (PPPs).
This story is from the November 2019 edition of Maritime Gateway.
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This story is from the November 2019 edition of Maritime Gateway.
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