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Admattic expands into Vietnam, strengthening presence in Southeast Asia

Southeast Asia s longest road tunnel to close within days of opening

Southeast Asia s longest road tunnel to close within days of opening By Doan Loan   January 14, 2021 | 08:00 pm GMT+7 A view of the Hai Van Tunnel 2 connecting Da Nang and Thua Thien-Hue when it opened on January 11, 2021. Photo by VnExpress/Nguyen Dong. The Hai Van Tunnel 2 will close after briefly opening during Tet since the government has not invested its share of the cost, the private partner in the project said. Following its opening on Monday, the tunnel connecting Thua Thien-Hue Province and Da Nang City will allow traffic for 20 days from February 1 before putting up the shutters. Deo Ca Group JSC of HCMC, the private partner in the public - private partnership that built the tunnel, said it costs VND100 billion ($4.33 million) a year to operate the tunnel, but it faces financial issues since it has not received the government’s share of the VND8.52 trillion ($367 million) cost of construction.

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