(Engineering daily) Nguyen Anh Duong = The Ministry of Transport has announced the criteria for investors wishing to join the North-South Expressway project.
Bidders will be put on the shortlist if they meet at least 60% of the requirements. Financial capacity accounts for 60% of the overall score, while experience and execution methods make up 30% and 10%, respectively.
The North-South Expressway will cover 2,109㎞ in total, stretching from the northern province of Lang Son to the southernmost province of Ca Mau.
According to research from domestic and international consultants, by 2020, the North-South corridor will serve 45.37 million passengers per year, and serve the transportation of up to 62.27 million tonnes of cargo per year.
Transport proposing to develop eight subprojects as part of the big-ticket the North-South Expressway project, under the public-private partnership (PPP) format, including 26 foreign investors and 14 domestic investors.