The Asian Development Bank (ADB) is supporting the development of infrastructure for economic integration of the Greater Mekong Subregion, including transport infrastructure such as the East-West Economic Corridor and the “North-South Corridor” as well as telecommunications infrastructure, railway infrastructure, common customs procedures, etc. In Vietnam, the ADB assistance strategy for the period 2007-2009 included a plan to mobilize US$ 3 billion. And ADB plans to mobilize $ 10 billion for Vietnam projects over 2011 – 2015.
Proposed to be developed on a new alignment as a 4-lane expressway of length 98.7 km, the DPEP is the first PPP project being undertaken in the toll road sector in Vietnam.
The DPEP is proposed to be developed through the DBFOT model. The concession period proposed for the project is 30 years.
The MOT intends to award the concession for the development of the DPEP to a group of entities. The MOT has identified M/s Binh Minh Import-Export Production and Trade Company Ltd. (BITEXCO) as the first investor in the DPEP.
The MOT now intends to select the second investor for the project through an international competitive bidding process. The investors shall incorporate a project enterprise in Vietnam for the implementation of the project.
The estimated capital investment in the DPEP is $757 million. Read more
Experts from around the world are in Vietnam to address coastal land loss, particularly along the Mississippi and Mekong river systems.
Representatives from the America’s WETLAND Foundation, Vietnam National University and the Netherlands in Building Communique of Cooperation will gather beginning Sunday in Ho Chi Minh City for DELTAS2013VIETNAM, the second World Delta Dialogues involving global leaders since 2010.
Important “ASEAN Connectivity” projects include the ADB and the Greater Mekong Subregion (GMS) $11 billion+ as of 2009 and the ASEAN Economic Ministers (AEM) – Japan Ministry of Economy, Trade, and Industry (METI) Economic and Industrial Cooperation Committee, which is abbreviated as AMEICC about $30 billion 2011-2015. Read more