A Total of 29 transport projects costing a combined US$7.42 billion, including the Phan Thiet-Nha Trang road, will be carried out in Vietnam from 2013 until 2016, according to the country’s Ministry of Transport. Of the 29 projects, 18 projects worth $2.34 billion collectively were due to be commissioned by the end of 2013.
The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013.
The Quang Ngai-Danang and Dau Giay-Ho Chi Minh City highway projects and the Lach Huyen Port development, worth a combined $4 billion, will also be covered by the ODA funds. Grants for the three projects are to be disbursed during the 2013/14 financial year.
Vietnam has received some $2.07 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 is the expansion of National Highway.
No 1 that is to be carried out under a build-operate-transfer (BOT) basis with an investment, while others are awarded as public-private partnership (PPP) or build and transfer (BT) projects.
Work is underway on upgrading the Gia Lai-Binh Dinh section of National Highway 19. The project is being carried out under the build-operate-transfer (BOT) model and is scheduled for completion during 2015. The project is costing $95 million and involves work to a 56km section of the route, with the concession package agreed under a 22-year deal.
The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013.
The Quang Ngai-Danang and Dau Giay-Ho Chi Minh City highway projects and the Lach Huyen Port development, worth a combined $4 billion, will also be covered by the ODA funds. Grants for the three projects are to be disbursed during the 2013/14 financial year.
Vietnam has received some $2.07 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 is the expansion of National Highway.
No 1 that is to be carried out under a build-operate-transfer (BOT) basis with an investment, while others are awarded as public-private partnership (PPP) or build and transfer (BT) projects.
Work is underway on upgrading the Gia Lai-Binh Dinh section of National Highway 19. The project is being carried out under the build-operate-transfer (BOT) model and is scheduled for completion during 2015. The project is costing $95 million and involves work to a 56km section of the route, with the concession package agreed under a 22-year deal.
