Vietnam targets additional 2,500km of highway by 2020, private participation needed

25 February 2016

Vietnam has targeted to have around 2,500 kilometers of highway completed in the next five years. However, this is a plan which Vietnam does not have have a big enough budget for to complete their goals. 


According to a three-scenario plan set out by the ministry, the Southeast Asian country would have an additional 2,300km of highway following the first scenario, and over 2,700km of highway in the most optimistic scenario. The state will have to spend over VND 181.2 trillion (US$8.52 billion) building a total of 2,708km of highway from now to 2020 if it follows the most optimistic scenario. Regarding an investment plan to realize the 2020 target, the ministry said it has so far put into operation 567km of highway.


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