To make investment report on Hanoi-HCMC Express Railway

VNGOVNet – The PM assigned the Minister of Planning and Investment to cooperate with the Minister of Transport and leaders of the Vietnam Railways in promptly working with the Japanese partners to agree on the planning scheme and make the Investment report on the Hanoi-Hồ Chí Minh City Express Railway Project.

March 14, 2007 9:32 AM GMT+7

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The Minister of Transport was ordered to report the Strategy on Railway Development in Vietnam to 2020 and visions to 2050.

The Hanoi-Hồ Chí Minh City Express Railway is 1,630 km long, departing from the Ngọc Hồi Station (Hanoi) and ending at the An Bình Station (Bình Dương Province). The total investment capital is estimated US$ 33 billion. This express railway is intended to serve passenger trains running at the speed of 300-350km/h. So it will take less than ten hours to go from Hanoi to HCMC. The Project will be implemented in two stages. In stage I, railway sections Hanoi-Vinh, Huế-Đà Nẵng and Nha Trang-HCMC will be built. The remaining sections will be constructed in stage II.

It is expected to start this Japan-supported Project in 2009 and finish in 2016. Japan will dispatch its experts to help Vietnam train qualified employees in building express railway.

By Phương Uyên

(Source: Document 1311/VPCP-CN)