MPTC’s Vietnam partner adds 4 four roads to pipeline

CII Bridges and Roads Investments Joint Stock Co. (CII B&R) is advancing four more major toll road projects worth a combined $1.65 billion and has invited its partner Metro Pacific Tollways Corp. (MPTC) to consider investing.

“We are actively pursuing those other projects,” said Le Trung Hieu, CII’s Director of Capital Management, in a recent media briefing, noting that the firm is now preparing for bidding.

The projects include the expansion of the 95-kilometer Ho Chi Minh City–Trung Luong–My Thuan Expressway. 

Also in the pipeline is the construction of Thu Thiem Bridge 4, which will connect District 7 and the Thu Thiem New Urban Area. 

CII is also pushing for the upgrade of National Highway 22, a major logistics corridor linking the city to border regions. 

Two more large-scale initiatives round out the pipeline: the widening of the North-South Axis via Nguyen Huu Tho Road to the Ben Luc–Long Thanh Expressway, and the elevated road along National Highway 51 in Dong Nai province.

MPTC, which holds a 45-percent stake in CII B&R, is being tapped to expand the partnership as the Vietnamese firm pursues infrastructure projects critical to southern Vietnam’s transport connectivity.