Vietnam’s key North-South Expressway project

The Vietnamese Government is prioritising construction of the country’s North-South expressway project. Contractors are already being selected for the 11 sub-projects for the expressway, which is expected to come with a final pricetag of US$5.09 billion. The 2,100km route is being built in three separate phases and links 32 of Vietnams cities and provinces. The first 650km section will be complete by 2020. The other sections should be ready for traffic by 2025.

A series of tenders are opening for Vietnam’s landmark North-South Expressway project. Eight sections of the route are being opened for bidding, with these being planned under the build-operate-transfer model. Financing for these eight stretches will be provided by a combination of bank loans, private investors and government funding. The winning bids should be revealed in early 2020. In all the North-South Expressway is expected to cost nearly US$4.3 billion.

Vietnam’s Ministry of Transport is prioritising the construction of the North-South expressway project. It is seeking the approval of the Vietnamese Government approval to speed up the development of a 713km stretch of the expressway. This particular section of the expressway is phase one of the project and has an estimated construction cost of US$ 5.73 billion. Just over half of the construction cost will be paid for by private investors while Government bonds are expected to pay for the remaining sum. Thi

Work is underway for Vietnam’s North-South Expressway project.