MoT's proposal of over VND 447.2 trillion investment in transport infrastructure
InvestmentThe Ministry of Transport (MoT) is expected estimated total demand of over VND447.2 trillion (US$19.3 billion) for medium-term public infrastructure investment projects during 2021-2025.
North-South expressway fails to find investors despite relaxed requirements
PolicyConcerns over capital recovery, bank loans and the scant number of vehicles traveling have discouraged local investors from joining the North-South expressway project, even though some requirements have been relaxed.
120 bid pre-qualification documents issued for North- South expressway project
PolicyThe managers of North - South Expressway projects recently issued 120 bid prequalification documents to 26 domestic contractors and 14 foreign ones from Republic of Korea, France, the United Kingdom and China, Ministry of Transport (MoT) reported.
Tolls on 8 North-South expy sections may be collected for 24 years
PolicyTolls on eight sections being developed under the public-private partnership format for the North-South expressway project are likely to be collected for at least 24 years.
Vietnam calls for biddings in 8 North-South expressway sub-projects, attracting 150 firms
InvestmentThe Ministry of Transport (MOT) held a conference on May 17 to call for investment in a number of sections of the eastern North-South Expressway, drawing interest from some 100 local firms and 50 international organizations and investors.
Foreign investors keen on North-South Expressway component project
InvestmentInternational investors have expressed interest in building a section of the North-South expressway project from National Highway 45 to Nghi Son Commune in the north-central province of Thanh Hoa. The management board of the project will issue prequalification documents to bidders from May 8 to July 8, according to Cao Viet Hung, head of the board’s Planning Office.
Financial requirements keep domestic firms out of expressway project
PolicyThe Ministry of Transport’s strict financial requirements for the North-South expressway project may push local investors out of the project.
