The railway industry can increase the localization rate of locomotives and wagons if policy mechanisms and shortcomings of capital are lifted in order to promote the development of the sector.
Vietnam’s first-ever high speed train running from Hanoi to HCM City is projected to cost more than 58 billion USD, project consultants unveiled on August 28.
Thailand's Cabinet on March 27 approved a project building a 220-kilometer high speed train network which will connect three main international airports of Suvarnabhumi, Don Mueang and U-Tapao.
Thailand’s Ministry of Transport said the long-delayed Thailand-China high-speed train project is likely to be considered in details before a full report on the project can be submitted to the cabinet