Sunday, August 20, 2017 - 3:51:27

Railway sector plans restructuring

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Vietnam Railway Corporation (VNRC) Deputy Director Doan Duy Hoach recently spoke with the Lao dong (Labour) Newspaper about plans to restructure the railway sector.

Hoach said after completing the VNRC restructuring plan for the period 2011-15, the corporation sets as a key goal to focus its activities on organising effective management, exploitation and business of the railway infrastructure and improving sources to collect fees for railway services.

According to the deputy director, the railway sector has set a target to reach 4.34 percent of the market share of the transport of interprovincial goods and 3.4 percent of the passenger transport market share by 2020. The quality of rail transport is to be improved, especially at stations and transport spots.

He said the railway infrastructure system will be developed, with a focus on upgrading and modernising the existing North-South railway route. Priorities would then be given to complete key projects to handle choke-points on the Thong Nhat Railway Route and to implement projects on railway and waterway connections.

The corporation also plans to complete feasible research plans for a high speed railway system on the north-south route and increase the transport of containers by railway to ease the overload on road transport during this period, he said.

Deputy Director Hoach said the VNRC is calling upon investors to research and propose investment co-operation projects on depot systems at railway stations or concessions to take advantage of branch routes.

According to him, some pilot projects are to be implemented at depots, as well as at warehouses at Yen Vien station in Hanoi, Dong Dang station in Lang Son province in the north and Song Than station in the southern province of Binh Duong.

He added that at the moment, 28 enterprises have registered to participate in the transport business.

According to Hoach, mobilising capital and strength from individual or organisations in implementation of some public services would help improve the quality of services in the railway sector./.
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