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Vietnam considers $58.7-billion high-speed railway - govt

Tan KW
Publish date: Sun, 14 Aug 2022, 02:55 PM
Tan KW
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HANOI - Vietnam is considering building a high-speed railway that runs along the country's length with a possible price tag of up to $58.7 billion, the government said on Sunday.

The Southeast Asian country's transport ministry will next month submit a proposal to build the 1,545 km (960 miles) railway to the Politburo, the powerful decision-making body of the ruling Communist Party of Vietnam, the government said in a news release.

Vietnam, a regional manufacturing hub, is ramping up its investment in transport infrastructure to support its fast-growing economy.

The first two sections with combined length of 665 kms (413 miles) and total investment of $24.72 billion would be open to traffic by 2032, the government said, adding that the entire project would be completed by 2045-2050.

 

 - Reuters

Discussions
Be the first to like this. Showing 4 of 4 comments

Tobby

Good for Vietnam! They should do it! HSR will spur growth like wildfire! Don't follow Malaysia, cancel, revive, cancel, revive!

2022-08-15 01:13

izoklse

So sad PH & PN scape and destroy our country hope to have HSR. Now even Indonesia and Vietnam is doing it. I really hope HSR between Malaysia and Singapore continue so that i can buy property in Ayer Keroh Melaka. But so sad that they postpone it and later cancel it. I hate PH and PN. I hope they never come to power again.

2022-08-15 01:34

Tobby

Harapan leaders are immature unfortunately! Only good at screaming and shouting and rolling on the streets! They pretend to be more angry that rakyat but more dumbass compare to rakyat! That's the main problem with Harapan leaders! Either they grow up or be replaced by more competent and mature ones!

2022-08-15 14:54

ben0303

Harapan r gud at going to the street to protest only. nothing more nothing less.

2022-08-15 14:57

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