PM agrees on express railway between Hanoi and HCMC
VNGOVNet – Following the proposal of the Vietnam Railways Corporation (VRC) and recommendations from the Ministry of Transport and Ministry of Planning and Investment, the Prime Minister has approved a project to build an express railway between Hanoi and Hồ Chí Minh City and assigned the VRC to carry it out as a project investor.
February 06, 2007 7:42 AM GMT+7
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He asked that the Ministry of Transport will direct the investor in collaboration with the relevant agencies to work with Japanese partners for an investment report of the project./.
The 1,630-km express rail linking between Hanoi-Hồ Chí Minh City is estimated to cost US$ 33 billion, specifically reserved for passenger trains speeding in the range of 300-350 km/h and expected to reduce travel time between Hanoi and HCM City to less than ten hours.
By Phương Uyên
(Source: Document 690/VPCP-CN)
