With the issuance of the ground-breaking Law on Public-Private Partnership Investment, private groups have voiced expectations for future guiding decrees, requesting to extend the risk-sharing mechanism to completed and ongoing projects.
Construction on three component projects of the North-South Expressway are scheduled to begin on September 30.
The Ministry of Transport is scheduled open bids on five public-private partnership (PPP) component projects of the North-South Expressway from October 2-5.
The Ministry of Transport has approved Dong Nai province’s proposal to widen Ho Chi Minh City-Long Thanh expressway to 10 lanes from its current four.
The Ministry of Transport and the People’s Committees of Vinh Long and Tien Giang provinces held a ceremony on August 19 to commence the construction of the My Thuan 2 bridge with a total investment of over VND5 trillion (US$215.6 million).
Electronic toll collection (ETC) services were officially introduced along the entirety of the Hanoi - Hai Phong Expressway on August 11.
Prime Minister Nguyen Xuan Phuc on August 10 approved the investment plan of the Dong Dang-Tra Linh expressway under the public-private partnership (PPP) model.
Deputy Prime Minister Trinh Dinh Dung on July 17 inspected site clearance of Cao Bo-Mai Son Expressway – one of the 11 component projects of the North-South Expressway project.
The Ministry of Transport has approved bidding documents for five component projects of the North-South Expressway to be implemented under the public-private partnership (PPP) format.
Deputy Prime Minister Trinh Dinh Dung on July 30 urged the transport sector to speed up the implementation of major projects and public investment disbursement in the time ahead.