The Ministry of Transport, the management boards of the North-South Expressway’s sub-projects, has announced that 32 of the 93 bids from domestic investors and joint ventures have been shortlisted for further evaluation.
Investors for eight components of the North-South expressway project, with total private investment capital for 11 sub-projects is estimated at VND 51.7 trillion (US$2.22 billion), will be named in August next year.
The merger and acquisition (M&A) scene in the first four months of 2019 has been active with the participation of both domestic and foreign investors.
The south-east economic zone in the central province of Quang Tri has been drawing a large number of domestic and foreign investors, with capital amounting to tens of trillions of dong.
Many major domestic and foreign investors have pumped capital into the central city of Da Nang in the first months of this year.