The construction contract for the Phu Gia and Phuoc Tuong tunnels on Highway 1 will be opened for bidding, marking the first time a build-operate-transfer (BOT) project will have been offered for tender in a transport project. The project’s total cost has been estimated at nearly VND1.2 trillion (US$57.6 million), with about VND810 billion ($39.3 million) earmarked for the tunnel construction. The Ministry of Transport has said that it would put the project out to tender to choose the best contractor to build the tunnels, the second and third in the central province of Thua Thien-Hue following Hai Van Tunnel. Read More
