First publishedon www.WorldHighways.com
The feasibility study is being handled for a stretch of Vietnam’s North-South highway project. The project is likely to cost US$5.22 billion, of which $2.8 billion will be provided by private funding sources, with the remainder coming from the Vietnamese Government’s sources. The project is being overseen by Vietnam’s Ministry of Transport.
Vietnam’s Department of Public-Private Partnership (PPP) Projects has urged the bodies involved with eight PPP sub-projects to complete feasibility studies for these within agreed schedules. Meanwhile, the tender process is being outlined for the My Thuan 2 Bridge. A contractor is to be selected to manage the feasibility plans shortly, with tasks including appraisal consultancy, environmental impact evaluation, site clearance framework and pre-feasibility evaluation.