Log in
Property

Vietnam to commence North-South express railway construction in 2028-2029

By 2050, Vietnam would have a network of 25 railway routes with a total length of 6,354 kilometers.

Vietnam plans to construct the Hanoi-Vinh and Nha Trang – Ho Chi Minh City, the first two sections of the North-South express railway project in the 2028-2029 period.

  The North-South express railway is set to be completed by 2050. Photo: Lam Anh

 

Minister of Transport Nguyen Van The unveiled at the conference marking the launch of railway planning for the 2021-2030 period, with a vision to 2050, on November 1.

 

“In case the project is approved in this Government term [2021-2026], the ministry would focus on design and site clearance so that the construction works can start from the 2028-2029 period,” The added.

 

Along with the first two sections, Vietnam would prioritize the construction of certain railway routes connecting major seaports that serve as the country’s international gateways in the northern city of Haiphong and the southern of Ba Ria – Vung Tau; connecting Ho Chi Minh City and Cantho, and international destinations of China, Laos or Cambodia.

 

Given the expectation that the North-South express railway would be completed by 2050, Vietnam would have a network of 25 railway routes with a total length of 6,354 kilometers, including those starting from Hanoi, Ho Chi Minh City, or connecting between seaports, industrial parks, and economic zones.

 

This would consist of seven existing railway routes with a length of 2,440 kilometers and nine new routes of 2,362 kilometers.

To realize those goals, The noted total investment capital until 2030  estimated at VND240 trillion (US$10.5 billion) would be needed and sourced from the state budget, private sector, and other legal funds.

 

The planning also expects the railway sector to carry a total freight of 11.8 million tons, or 0.27% of the total, and handle a passenger volume of 460 million, or 4.40%.

According to The, this is the first time that Vietnam carries out five transportation planning of aviation, road, railway, inland waterway, and maritime simultaneously.

So far, the Government has approved three, namely road, railway, and maritime, while the remaining two are in the final stage of completion.

Reactions:
Share:
Trending
Most Viewed
Related news
Tỷ phú Elon Musk: Tổng thống Zelensky nên từ chức

Tỷ phú Elon Musk: Tổng thống Zelensky nên từ chức

(Dân trí) - Tỷ phú Elon Musk, cố vấn thân cận của Tổng thống Mỹ Donald Trump, kêu gọi nhà lãnh đạo Ukraine Volodymyr Zelensky từ bỏ quyền lực.

Prime Minister orders the completion of Gia Binh Airport-Hanoi route in 2 years

Prime Minister orders the completion of Gia Binh Airport-Hanoi route in 2 years

Building the airport and its infrastructure will help spur socioeconomic growth in the North.

Party chief experiences Ho Chi Minh City’s first metro line

Party chief experiences Ho Chi Minh City’s first metro line

The Party chief’s visit is significant after the National Assembly approved a resolution on February 19 to pilot mechanisms for Ho Chi Minh City’s urban railway development.

Around 70,000 new apartments to be delivered in Hanoi

Around 70,000 new apartments to be delivered in Hanoi

Hanoi’s apartment market is on the rebound and entering a new cycle, with prices remaining high due to strong demand.

Hanoi greenlights road linking Gia Binh Airport

Hanoi greenlights road linking Gia Binh Airport

The road construction project is in line with the city's general planning guidelines and ensures connectivity with existing transportation networks outlined in approved planning schemes.

Lao Cai, Hanoi, Haiphong Railway Project submitted to National Assembly

Lao Cai, Hanoi, Haiphong Railway Project submitted to National Assembly

The line is expected to boost socio-economic growth along the Lao Cai-Hanoi-Haiphong corridor, improve national and international rail links, and support industrialization and modernization.

Accelerate Hanoi's infrastructure development by maximizing resources

Accelerate Hanoi's infrastructure development by maximizing resources

Hanoi is pushing ahead with a major plan to mobilize and effectively utilize resources for infrastructure development.

Hanoian needs $8,000 monthly on average to buy home: analysis

Hanoian needs $8,000 monthly on average to buy home: analysis

A middle-income family earning around US$1,200 a month will struggle to afford a new home in Hanoi.