Seven large projects wait for investment capital

Road Administration Department yesterday announced that there were seven large projects calling for investment capital under the BOT methods.

In details, there are three expressway projects including Dau Giay-Lien Khuong expressway with total length of 205 kilometres, and expected investment capital of 37.5 trillion dong; Nha Trang-Phan Thiet expressway of 79 kilometres and 10 trillion dong; and lastly Quang Ngai-Quy Nhon expressway of 150 kilometres and 28 trillion dong.

The four projects were ring-road projects around Hanoi and HCM City. The ring-road No 4 around Hanoi will have six lanes with total length of 136 kilometres, linking Hanoi with other provinces of Bac Ninh, Hung Yen and Bac Giang. The project has total investment capoital of 51.874 trillion dong. The ring-road No 5 around Hanoi City, connecting Hanoi with Bac Ninh, Bac Giang, Hung Yen and Vinh Phuc has total investment capital of about 60 trillion dong. The other two projects were the six-lane Ring-road No 3 round HCM City with total investment capital of 43 trillion dong and Ring-road No 4 connecting HCM City with Dong Nai, Binh Duong and Long An with expected capital of 60 trillion dong.

These are potential projects with high economic effectiveness, however, due to large investment capital and insufficient information about the project, these projects haven’t attracted the investors. – SGGP

Tags: Vietnam Infrastructure

Posted by VBN on Dec 16 2010. Filed under Infrastructure. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry