The Hanoitimes – All five sub-projects under the North-South Expressway project would be operated under the PPP mechanism, scheduled to commence in early 2021.
Vietnam’s Ministry of Transport (MoT) today [July 16] issued bidding documents for five sub-components under the North-South Expressway project, local media reported.
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Vietnam transport ministry launches call for tender for North-South Expressway. |
Vice Minister of Transport Nguyen Nhat said bidders would have two months to prepare for their tenders and submit the documents in September, adding the evaluation process is scheduled to complete by December.
Additionally, bidders would have six months to mobilize capital for these projects worth a combined VND22.35 trillion (US$961.28 million), which is a condition for contract award if their bids are accepted, stated Nhat.
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