Vietnam’s key North-South Expressway project

International interest is said to be strong in the tenders for sections of Vietnam’s massive North-South Expressway project. Japanese and Chinese firms have submitted bids for the eight sections of the route now open for tender. In all the expressway will measure some 2,100km in length. The first phase of the project is for 654km of the route with this work being handled in eight separate sections. These contracts will all be handled under the PPP model. The Vietnamese Government will manage a further three

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.

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