Business

Ministry to open bids on five PPP projects for North-South Expressway in October

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.
Ministry to open bids on five PPP projects for North-South Expressway in October ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The Ministry of Transportis scheduled open bids on five public-private partnership (PPP) componentprojects of the North-South Expressway from October 2-5.

Adjustments to bidding documents for the projects areexpected to be ratified on September 18-20.

Project management boards informed the short-listedinvestors on July 20-21, who have 60 days to prepare. 

The ministry will negotiate and sign contracts withinvestors in December, with construction to begin in early 2021 and complete in2023, as set by the National Assembly and the Government.

The five component projects cover five sections alongthe North-South Expressway: National Highway No 45-Nghi Son (Thanh Hoa), NghiSon-Dien Chau (Nghe An), Dien Chau-Bai Vot (Ha Tinh), Nha Trang-Cam Lam (KhanhHoa), and Cam Lam-Vinh Hao (Binh Thuan).

The North-South Expressway project has a total lengthof 654km and is divided into 11 sub-projects, including six under publicinvestment and five under PPP. Investment for the sub-projects totals 100.8trillion VND (4.3 billion USD), of which 78.4 trillion VND is from the Statebudget./.
VNA
#Ministry of Transport#North-South Expressway#National Assembly#Vietnam#VietnamPlus#Vietnam news
Follow VietnamPlus

Related News

Adjustments to eastern section of North-South Expressway discussed

Adjustments to eastern section of North-South Expressway discussed

Prime Minister Nguyen Xuan Phuc chaired a meeting of the Cabinet on July 8 to discuss the implementation of the National Assembly (NA)’s resolution on adjustments to the plan for investment in the construction of three sections of the North-South Expressway in the 2017-2020 period.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.