Vietnam’s Cuu Long Transport Infrastructure Management Investment and Development Corporation - Cuu Long Transport – is seeking approval for an expressway linking Ho Chi Minh City and the Cambodian border.
Stage one of the US$1.38 billion project would be just over 55km costing around $670 million with a second 38km stage costing $718 million and to include viaducts.
Cuu Long hope to raise cash through government agencies as well as loans from the Asian Development Bank for the expressway that would be constructed under the build-operate-transfer model.
The Vietnamese News Service reported that the proposed 15m-wide expressway would link the city’s Thu Duc District with Moc Bai Border Gate in the southern Tay Ninh province that borders Cambodia.
Stage one of the US$1.38 billion project would be just over 55km costing around $670 million with a second 38km stage costing $718 million and to include viaducts.
Cuu Long hope to raise cash through government agencies as well as loans from the Asian Development Bank for the expressway that would be constructed under the build-operate-transfer model.
The Vietnamese News Service reported that the proposed 15m-wide expressway would link the city’s Thu Duc District with Moc Bai Border Gate in the southern Tay Ninh province that borders Cambodia.
