In Vietnam work is progressing steadily on the new Ca Pass Tunnel project. The 13.4km tunnel will connect Khanh Khoa Province with Phu Yen Province. The new tunnel connection is being constructed under the build-own-transfer (BOT) model and is scheduled to open for traffic in 2016. This new link will also include 9km of bridges and access roads. Some US$192 million of credit for the project is being provided to Ca Pass Investment by 3347 Goldman Sachs, 3322 Societe Generale (SocGen) and Crédit Agricole Corporate and Investment Bank (CIB) along with Vietnam Bank for Industry and Trade (VietinBank).
New tunnel being built in Vietnam
In Vietnam work is progressing steadily on the new Ca Pass Tunnel project. The 13.4km tunnel will connect Khanh Khoa Province with Phu Yen Province. The new tunnel connection is being constructed under the build-own-transfer (BOT) model and is scheduled to open for traffic in 2016. This new link will also include 9km of bridges and access roads. Some US$192 million of credit for the project is being provided to Ca Pass Investment by Goldman Sachs, Societe Generale (SocGen) and Crédit Agricole Corporate and
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