Construction of Vietnam’s Da Nang-Quang Ngai expressway begins

RSSConstruction of Vietnam’s US$1.4 billion Da Nang-Quang Ngai expressway is now underway.

The near 140km-long expressway will have four lanes and a speed limit of 120km/hour. It will link economic hubs like Dung Quat (Quang Ngai), Da Nang-Chu Lai (Quang Nam) and Nhon Hoi (Binh Dinh). The expressway will also have a monitoring centre, a maintenance centre and a service centre.

The 983 Vietnamese Government, the 2332 World Bank and the Japan International Co-operation Agency have provided official development assistance for the project.

Due for completion in 2017, the key expressway project will help spur socio-economic development in the North-South economic corridor and the economic triangle between Laos, Cambodia and Vietnam.

3260 World Highways recently highlighted how Vietnam received around $2.07 trillion (PHP90 trillion) between 2011 and 2013 from private investors for major transport infrastructure projects, according to the country’s Ministry of Transport. Among the contracts awarded to private investors during 2011-2013 include the expansion of National Highway No 1, to be carried out under a build-operate-transfer (BOT) basis. Other contracts have been awarded as public-private partnership (PPP) or build and transfer (BT) projects.