Transport Infrastructure Projects Attract Big Investors

July 4, 2011

Warning: Undefined variable $thumb in /var/www/web/indiantollways.com/wp-content/plugins/digg-digg/include/dd-class.php on line 887

VietNamNet Bridge – A series of transport infrastructure projects managed by the Ministry of Transport have received rapid-fire investment registrations from both domestic and foreign investors.

The unusually high number of investors, who have registered to become the investors of the Ninh Binh-Thanh Hoa road, and Nghi Son-Bai Vot road, the parts of the North-South Expressway, has made the expressway project become the “hottest project” nowadays.

With the total investment capital of 59 trillion dong, the Ninh Binh-Thanh Hoa will have the length of 126.7 kilometers and six lanes, while Nghi Son-Bai Vot stretch of roads, will have the length of 92.7 kilometers and 4-6 lanes

In the period from March 2011 to June 2011 alone, the Ministry of Transport received the registrations from five investors and joint venture investors, including the foreign well known corporations in infrastructure like South Korean Keangnam Vina and Posco, Chinese Asian Investment Fund, and the Thai Bangkok Transport Public Company.

Meanwhile, to date, three Vietnamese independent investors have also registered the investments in the two projects, namely Xuan Truong Construction Company and Xuan Thanh Investment and Development Joint Stock Company, a subsidiary of Mai Linh Group.

There is a surprise that the La Son-Tuy Loan highway, the project which has been considered as less attractive, has also received the investment registrations from the joint venture of seven Vietnamese and South Korean investors, headed by Shinhan E&C, who plan to invest under the mode of BOT (build-operation-transfer).

Click here to read full story