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Huu Nghi-Chi Lang expressway PPP

Sector: Cement • Location: Vietnam

Source: World Bank Group

Project
Active

The project entails the construction of the Huu Nghi-Chi Lang expressway in Lang Son, Vietnam. The stretch has a total length of 43km. Sponsor is a Deo Ca Group-led consortium, which includes Deo Ca Group, UDIC Construction and Investment, Licogi 16 and Ha Thanh Concrete. The BOT concession is for a period of 20 years. The total value of the project is VND10.013 trillion ($433 million) which will

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The project “Huu Nghi-Chi Lang expressway PPP” is an infrastructure initiative in the Cement sector, located in Vietnam. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of the Huu Nghi-Chi Lang expressway in Lang Son, Vietnam. The stretch has a total length of 43km. Sponsor is a Deo Ca Group-led consortium, which includes Deo Ca Group, UDIC Construction and Investment, Licogi 16 and Ha Thanh Concrete. The BOT concession is for a period of 20 years. The total value of the project is VND10.013 trillion ($433 million) which will be financed through a mixture of debt from Tien Phong Bank ($151.83 million), equity ($64.95 million), state budget ($108.11 million) and provincial budget ($108.11 million). Financial close was achieved on 18 May, 2022. https://www.qdnd.vn/kinh-te/tin-tuc/hop-tac-dau-tu-du-an-cao-toc-dong-dang-tra-linh-va-huu-nghi-chi-lang-694869 https://dangcongsan.vn/thoi-su/ky-ket-dau-tu-du-an-cao-toc-dong-dang-tra-linh-va-huu-nghi-chi-lang-610352.html Factiva: Deo Ca gets finance for 2 Vietnam transport PPPs https://vir.com.vn/lang-son-proposes-new-construction-plan-for-330-million-huu-nghi-chi-lang-expressway-77234.html

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High

Data quality score

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