Haiphong Expressway Project

Overview:

• The Haiphong Expressway Project is a major freight corridor for Vietnam's Northern Pivotal Economic Region as well as the Kunming-Hanoi-Haiphong Economic Corridor.
• It is the first and the most modern expressway in northern Vietnam which runs from Ha Noi, the capital city of Vietnam, passing through Hung Yen, Hai Duong, which are two major provinces in northern Vietnam, and ends at Dinh Vu port in Hai Phong, the biggest sea port in Vietnam. 
• The first section of this project started operation in May 2015, and another section was opened in September 2015. 
• Ha Noi, Hai Phong and Quang Ninh together form a strong economic triangle of the country and the new industrial zones along this region have been the driving force for this project's development. 
• An investor group consisting of India-owned IL&FS Transportation Networks, Philippines' Strategic Alliance Holdings and Hong Kong's Tung Shing Group has acquired a stake in the project.

Wai Yee Tsang - Journalist Asia-Pacific