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.
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.
US$21.4 billion to build North-South high-speed railway have 107 words, post on english.vov.vn at 2012-09-18 02:04:41. This is cached page on Talk Vietnam. If you want remove this page, please contact us.
Head of the provincial Party Secretariat, Nguyen Hong Quang, told Viet Nam News that the province will submit a detailed project plan to the Transport Ministry soon.Work on the VND600 billion (US$26.5 million) flyover could start later this year and open to traffic next year, he said.The flyover will help ease heavy congestion at the intersection of the North-South Highway No 1A, railway line, Tam Hiep Port and the Chu Lai-Truong Hai Industrial Complex.The crossroad section is used by more than 9,000 workers and vehicles from the Chu Lai-Truong Hai Industrial Complex as well as numerous vehicles that traverse the…... [read more]
A delegation of Japanese experts whospecialise in urban railway services, led by Eguchi Shuji, Director ofthe International Affairs Office at the Ministry of Land,Infrastructure, Transport and Tourism, is currently visiting to Vietnamto seek out opportunities to invest in Hanoi’s future urban railwaynetwork.The delegation met with the Vice Chairman of HanoiPeople’s Committee, Nguyen Van Khoi, on December 1. Representatives fromthe Japanese Embassy, the Japan International Cooperation Agency(JICA)), the Tokyo Metro, a leading Japanese group in railwayconstruction and officials from a number of Hanoi’s metropolitanagencies also attended.Khoi informed the participants of thescale of the city’s population and pointed out that the only…... [read more]
Illustrative photo (Photo: thailandtrains.com) Bangkok (VNA) – Thailand’s Deputy PrimeMinister Somkid Jatusripitak will sign a cooperation agreement with Japan toimplement eight major development projects, including the construction ofBangkok – Chiang Mai high-speed railway line using Japanese technologyduring his visit to Tokyo from June 4-6.According to Minister of Transport ArkhomTermpittayapaisith, the draft agreement was approved by the Thai cabinet on May30.Deputy PM Somkid will discuss the eight projectswith representatives from Japan’s Ministry of Land, Infrastructure, Transportand Tourism.The two sides will talk about the ongoingstudies on rail development, advice on trade development along the route, andthe development of a 635km high-speed railway from Bangkok…... [read more]
In the 2010-2015 period, the Vietnam Railway Corporation will implement construction of such railway lines as Hanoi-Vinh, Nha Trang-HCM City, HCM City-Vung Tau, and Hanoi-Hai Phong. As of 2006, the railway sector will continue to study investment in other railway lines including Vinh-Nha Trang, HCM City-Can Tho, and Hanoi-Lang Son. The modern railway lines will have a wide gauge of 1.435 mm instead of the current gauge of 1,000mm and the train speed may reach 160-300 km per hour.... [read more]
The high speed railway project called NorthernLand Port has received approval of Prime Minister YingluckShinawatra. The rail service is expected to be ready for use no laterthan 2017. It is believed that the completion of the highspeed railway will turn Chiang Mai into a transportation and logisticshub in Thailand’s northern region. Other transportfacilities such as ring roads and airports will also be improved toaccommodate the upcoming ASEAN Economic Community ( AEC ) in 2015.-VNA... [read more]
“Instead of converting the current rail to an express line, which is considered not only infeasible but also costly, the project will upgrade the existing railway and simultaneously build high-speed rail in connection with the current one”. This is the information given in the workshop “Joint meeting among stakeholders of north-south express railway technical assistance project, organized in Ho Chi Minh City by Vietnam Railway Corporation in cooperation with Research Team under Japan International Cooperation Agency (JICA).At the workshop, Mr Iwata Shizuo, the research team leader, stated that Vietnam’s north-south railway system is severely degraded, the route and direction are…... [read more]
Vietnam will acquire  US$12.7 billion to carry out railway projects in Hanoi and Ho Chi Minh City from now to 2020 with foreign investment to account for 77 per cent, the Ministry of Planning and Investment said. Of the total figure,  US$7.3 billion is needed to construct 128 kilometers of railway tems in Hanoi and  US$5.4 billion is to build six metro routes with 92 km in length. The Ministry of Planning and Investment said urban transport projects often require huge investment and a long time for construction, so they are not attractive to investors. Most of projects being researched will use…... [read more]
The two biggest economic hubs of Vietnam, Hanoi and Ho Chi Minh City, estimate to need US$25 billion for 11 urban railway projects, said Deputy Head of the Vietnam Railway Administration Nguyen Van Doanh. The capital city of Hanoi will build five urban railway routes and Ho Chi Minh City will build six routes, Doanh said He added that the government will call investors to carry out the projects under the form of BOT (Building-Operation-Transfer). The administration is preparing to start work on the Hanoi-Ha Dong urban railway by late year. Vietnam will need around VND1,355 trillion (US$75.98 billion) for…... [read more]
About 30 tourism companies will cooperate with the railway sector to create more tourism products. After aviation, the city’s tourism sector views railways as part of its strategy to stimulate domestic tourism demand. The railway tours will run from the city to tourism destinations in south-central and central Vietnam, such as Phu Yen province, Khanh Hoa province, Phan Thiet city, and Quang Ngai province.Tickets for these tours will be discounted by at least 25 per cent. Ms. Tran Thi Viet Huong, Marketing Director at Vietravel, said that from August 15 the price of tourism services has fallen at it marked…... [read more]
The plan, introduced to the public on Friday by the Viet Nam Railway Authority (VNRA), outlined major projects to be carried out until 2030. The plan aims to eliminate bottlenecks, such as the tunnels of Khe Net and Hai Van, and move the Da Nang Train Station out of the city, as well as more than 90 other infrastructure upgrades to the railway system.The country's fleet of locomotives would expand to include an additional 14 passenger trains and 24 freight trains.Planners are weighing two options to modernise the country's railway system and increase passenger train speeds. The first option would…... [read more]