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CBRE Vietnam - Eurocham

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Infrastructure 2011 Milestones• Roadways• T3 – Thu Thiem Tunnel• The ten year Nhieu Loc - Thi Nghe Canal Roadwidening project is completed• On August 24, the first Bus Rapid Transport (BRT)route in the city opened from Ben Thanh Market, toMien Tay Bus Station.• Metro lines• The expected cost of Metro Line 1 has almost doubled,with progress in compensation.• Tramway Line No. 1 is being restructured into a BusRapid Transit (BRT) system at reduced cost.• Air• Da Nang’s new airport terminal opens!• Prime Minister Dung officially approved Long ThanhInternational Airport’s master plan.• The airport has an area of 5,000 hectares withinvestment capital of US$6.7 billion for the first phase.• Vietjet Air, a new private airline, started operation. (1Airbus, 2 on order).<strong>CBRE</strong> <strong>Vietnam</strong><strong>CBRE</strong> <strong>Vietnam</strong>Nhieu Loc - Thi NgheCanal RoadSource: www.info.vnDa Nang New TerminalSource: Tuoi Tre<strong>CBRE</strong> <strong>Vietnam</strong> | Page 16 Fearless Forcast 2012

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