North-South Expressway investment conference delayed till late April

(Engineering daily) Nguyen Anh Duong = The Vietnamese Ministry of Transport(MoT) will delay the investment promotion conference to introduce investment opportunities in the Eastern Cluster of the North-South Expressway project in the 2017-2020 period until late April.

The Eastern Cluster of the North-South Expressway will be 654㎞ long, offering plenty of opportunities for numerous investors.

During the upcoming event, the MoT will provide an update on related regulations and the progress of this particular eastern section of the North-South Expressway.

Public-Private Partnership (PPP) investment and business opportunities for enterprises, as well as financial and credit institutions and the regulations and procedures related to investor pre-qualification will also be explained.

The Eastern Cluster of the North-South Expressway project comprises of 11 section projects, including three to be financed by the state and eight to be implemented through the PPP model.

Many foreign investors, including those from the EU, Japan, the US, and South Korea, have expressed interest in the project, which is estimated to cost over $5.16 billion, with a total of over $2.74 billion to be mobilised by investors, for 654㎞ to be built. It is considered an economically and politically important project.