US$21.4 billion to build North-South high-speed railway

(VOV) – Vietnam should early complete the feasibility study into the North-South high-speed railway construction project and submit it to the National Assembly for approval in 2013.

The Japan International Cooperation Agency (JICA) made the proposal at a meeting with the Vietnam Railway Corporation (VRC) in Ho Chi Minh City on September 17.

JICA said Vietnam would rather start building the high-speed railway line, first on two sessions between Hanoi and Vinh (around 300km) and between HCM City and Nha Trang (around 370km) with an average speed of 300km/h at cost of US$21.4 billion.

JICA said Vietnam would rather start building the high-speed railway line, first on two sessions between Hanoi and Vinh (around 300km) and between HCM City and Nha Trang (around 370km) with an average speed of 300km/h at cost of US$21.4 billion.



Judging by the current railway system in Vietnam, JICA proposed increasing the number of trains from 32 to 50 and reducing traveling time from 28 hours to 25.4 hours. Cost for this sub-project is around US$1.8 billion.

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