Hanoi(VNA) – Deputy Prime Minister Trinh Dinh Dung has ordered relevant ministriesto allocate sufficient funding for the appraisal of the pre-feasibility studyof the North-South high-speed railway project.
The Ministryof Transport was tasked to promptly work with the Ministry of Planning andInvestment and the Ministry of Finance to provide adequate funding for the assessment of the study in accordance with regulations.
The study isbeing assessed by a state appraisal council exclusively set up for the projectlast year.
The Ministryof Transport’s Party Civil Affairs Committee was requested to set a timelinefor the submission of a plan on construction of the North-South high-speedrailway to the Politburo, which should be reported to the Prime Minister beforeJune 10.
The railway isdesigned to have a total length of about 1,560 km, running along theNorth-South corridor through 20 cities and provinces to connect Hanoi and HoChi Minh City.
Of the total,the 14-km section in Hanoi shares the infrastructure with the Hanoi urbanrailway No.1 (from Hanoi station to Ngoc Hoi station), and the remainingconnects Ngoc Hoi station to Thu Thiem station, with 27 stations, five depots,and 42 infrastructure maintenance facilities.
It is designedfor passenger trains to run with a maximum speed of 350km per hour.
The firstphase of the project has a total investment of 561.6 trillion VND (about 24.71billion USD), while the second costs 772.6 trillion VND.
The wholeproject is scheduled to be completed in 2050./.
The Ministryof Transport was tasked to promptly work with the Ministry of Planning andInvestment and the Ministry of Finance to provide adequate funding for the assessment of the study in accordance with regulations.
The study isbeing assessed by a state appraisal council exclusively set up for the projectlast year.
The Ministryof Transport’s Party Civil Affairs Committee was requested to set a timelinefor the submission of a plan on construction of the North-South high-speedrailway to the Politburo, which should be reported to the Prime Minister beforeJune 10.
The railway isdesigned to have a total length of about 1,560 km, running along theNorth-South corridor through 20 cities and provinces to connect Hanoi and HoChi Minh City.
Of the total,the 14-km section in Hanoi shares the infrastructure with the Hanoi urbanrailway No.1 (from Hanoi station to Ngoc Hoi station), and the remainingconnects Ngoc Hoi station to Thu Thiem station, with 27 stations, five depots,and 42 infrastructure maintenance facilities.
It is designedfor passenger trains to run with a maximum speed of 350km per hour.
The firstphase of the project has a total investment of 561.6 trillion VND (about 24.71billion USD), while the second costs 772.6 trillion VND.
The wholeproject is scheduled to be completed in 2050./.
VNA
