Vietnam’s highway network is expanding

Vietnam is expanding its road and highway network with a series of major projects, as well as numerous upgrades to rural roads. A funding deal worth US$1.6 billion is being provided by the Asian Development Bank (ADB) for the Ben Luc yo Long Thanh National Highway. This route connects Dong Nai, Ho Chi Minh City and Long An. A portion of the necessary funding for ground clearance for the route is being provided by Vietnam’s State Budget. However the country is stopping work on the National Highway 3 project
August 1, 2018 Read time: 1 min

Vietnam is expanding its road and highway network with a series of major projects, as well as numerous upgrades to rural roads.

A funding deal worth US$1.6 billion is being provided by the 943 Asian Development Bank (ADB) for the Ben Luc yo Long Thanh National Highway. This route connects Dong Nai, Ho Chi Minh City and Long An. A portion of the necessary funding for ground clearance for the route is being provided by Vietnam’s State Budget.

However the country is stopping work on the National Highway 3 project connecting Hanoi with Thai Nguyen and the Cho Moi to Bac Kan National Highway. Problems with toll collection have caused the cancellation of the National Highway 3 project. Meanwhile problems with repayments to loans have caused the Choi Moi to Bac Kan project to be cancelled.

Road Structures

For more information on companies in this article

Related Content

November 3, 2017

Vietnam highway project receiving South Korean funding?

Vietnam’s Belt Road Three project is being planned at present, with some of the financing still being sought. The route will run between Tan Van District and Nhon Trach District, crossing the Dong Nai River. The project is expected to cost US$2.46 billion to construct and will feature four lanes initially, with additional lanes being built in future phases. The 89.3km route has been approved and runs through the provinces of Binh Duong, Dong Nai and Long An, as well as through the outskirts of Ho Chi Minh
November 12, 2015

Highway proposals to extend Vietnam’s network

A series of major highway and road projects have been proposed for Vietnam. Investors have submitted a proposal to build North-South road costing an estimated US$383.8 million. Another proposal has come from the Project Management Board 85 to develop Bien Hoa-Tan Thanh-Cai Mep Seaport expressway, with an estimated cost of $591.5 million.
February 7, 2012

Vietnam's mighty road budget

A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
boombox1

Highlighted Content

boombox2