30/10/2024
Vietnam Plans To Invest About $13 Billion In Two Railways To China
Vietnam’s Ministry of Transport has summited to the Government a plan to invest $13 billion in building and upgrading two railway lines Hanoi-Dong Dang (Lang Son), Hai Phong-Ha Long-Mong Cai (Quang Ninh) linking with China.
The detailed planning of these two railway lines is the foundation for further study of feasibility, investment progress, and investment options. After the planning is approved, there will be preparation steps taken for investment. Specifically, the 156-kilometer Hanoi-Dong Dang railway (linking Hanoi capital city with Lang Son province bordering China) is set to have an investment of 6 billion USD. The railway is set to link Vietnam with China at the Dong Dang International Railway gateway in Lang Son province. The 187-kilometer Hai Phong-Ha Long-Mong Cai is set to link Hai Phong City with Quang Ninh Province and with China at the Mong Cai international gateway. The project can be allowed an investment of about 7 billion USD. Currently, the Ministry of Transport has received technical support from the Chinese Government to research and plan for the next investment phase./.
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