infrastructure development

Update news infrastructure development

Businesses and individuals seeking to profit from land and property investments in areas near infrastructure projects have been warned about the risks of committing before the full project details become clear.

Localities lack capital for development, but misuse public land

Public land and assets valued at multi-trillions of dong have not been fully utilized and many land plots have been left deserted for years. Still, localities continue to complain about the lack of capital.

Public-Private Partnership law offers little benefit to public projects

The Law on Public-Private Partnership (PPP) has been up and running for over one year and a half, but it makes no difference to domestic investment so far, according to experts.

National development space gradually taking shape

The first sketch of the national development space has taken shape with the first draft of the National Master Plan in the 2021-2030 period, with a vision to 2050, was completed and made public for feedback.

More highway projects to be funded with state money

Although many people think there is no regulation about toll collections used for expressways invested by the state, the Government says there is a legal basis for this.

Ho Chi Minh Road is yet to be completed after 5 National Assembly terms

National Assembly deputies on June 6 discussed and reviewed the implementation of Resolution 66/2013/QH13 and the plan to implement the Ho Chi Minh Road project.

Hanoi, HCMC authorities blamed for delayed urban railway projects

In a report to National Assembly deputies, the Ministry of Transport (MOT) has updated the progress of urban railway projects in Hanoi and HCM City.

Vietnam to build 5,000 kilometers of highway by 2030

Since April 2021, Prime Minister Pham Minh Chinh has had working sessions with the Ministry of Transport (MOT) to discuss the plan on building highways in 2021-2025, with a vision towards 2030.

Plans pinpoint infrastructure for breakthrough in growth

The east and west economic corridors of Vietnam will become the strategic backbone for the decade’s national master plan in order to revitalise spatial development, lure more investment resources, and enable breakthrough growth.

Govt wants 654km of North-South expy completed by 2024

Despite some obstacles, the Government is determined to complete 654 kilometers of the North-South Expressway project by 2024.

HCM City to complete many key traffic infrastructure works this year

A number of ongoing traffic projects in HCM City, including bridges and roads, are nearing completion and are expected to be finished by year-end,

Furthering competitiveness through infrastructure

A boost in infrastructure investment as a major part of the country’s hallmark programme on economic recovery and development is expected to help the national economy bounce back.

Eight key transport projects to be implemented by Ministry of Transport

The Ministry of Transport will kick off eight important traffic projects from late December 2021 to early January 2022. They are:

HCM City wants to reclaim 330 hectares of land

The HCM City Department of Natural Resources and Environment has made a list of 43 projects that need land acquisition in 2022 with a total area of about 330 hectares.

 

Government invests in 12 more projects along North-South Expressway

The Government proposed another 12 projects covering 729km of road on the North-South Express, according to the Ministry of Transport.

Traffic projects in HCM City need more investment to kick off

The government is promoting disbursement of public investment, considering it one of the driving forces to boost the pandemic-hit economy.

HCM City speeds up construction of key traffic infrastructure after lifting COVID restrictions

By the end of the year HCM City aims to complete 11 construction packages of key traffic infrastructure projects which have been allowed to resume after the city relaxed its stringent COVID-19 prevention measures at the beginning of October.

US$5.4 billion to be invested in 9 component projects of North - South expressway

Nine component projects of the North-South Expressway Phase 2 will be invested in the form of public-private partnership (PPP), with total investment of about 124,619 billion VND (US$5.4 billion) during the 2021-2025 period.

Prime Minister approves VN road transport development plan to 2030

Prime Minister Pham Minh Chinh has approved the Road Network Development Plan for the period 2021-2030, with a vision to 2050, under which 5,000km of expressways will be used by 2030.

 

Five localities seek PM approval for giant highway project

Hanoi and the four northern provinces of Hung Yen, Bac Ninh, Bac Giang and Vinh Phuc have proposed a major highway project to the Prime Minister.