Vietnam Ministry Seeking Govt Approval to Build $1B Expressway under PPP

3:08:09 PM | 4/19/2010

The Vietnamese Ministry of Transport is seeking the government approval to build the Dau Giay-Lien Luong expressway with total investment of $1 billion under the model of public-private partnership (PPP).
 
The 200-kilometer road will connect Dau Giay in the Central Highlands of Lam Dong and Lien Khuong in the southern province of Dong Nai.
 
The ministry assigned Vietnam Expressway Corporation (VEC) to coordinate with S.Korea’s Incheon Urban Development Corporation (IUDC) to implement the project.
 
Dau Giay-Lien Khuong expressway is under a Vietnamese expressway network planning by 2020 approved by the Prime Minister. (Transport)