Vietnam to Invest $33 Billion in North-South High-Speed Railway

2006-12-06 00:00:00
< FONT color = # 000000 > Vietnam's Economic Times on December 5 quoted Vietnam News Agency as saying that the Vietnam Railway Corporation recently submitted to the government a plan to build a high-speed railway from Hanoi to Ho Chi Minh City. According to this plan, the design speed (passenger transport) of the Hanoi-Ho Chi Minh City high-speed railway will be 300-350 kilometers per hour, and the time from Hanoi to Ho Chi Minh City by train will be less than 10 hours (now about 40 hours).  
  < BR > It is reported that the Vietnamese side will invite Japanese experts to assist the Vietnam Railway Corporation in formulating a specific plan for the high-speed railway.  
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The company said that this guarantee is conducive to ensuring the financing of project construction, which is in line with the company's overall interests and development strategy.