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Vietnam to build nine new railways by 2030

Deputy Prime Minister Le Van Thanh has signed a decision approving the railway system planning for 2021-2030, with a vision to 2050, which sets a target of building nine new railways with a total length of 2,362km by 2030.
Vietnam to build nine new railways by 2030 ảnh 1A railway in Vietnam (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Le Van Thanh has signed adecision approving the railway system planning for 2021-2030, with a vision to2050, which sets a target of building nine new railways with a total length of2,362km by 2030.

Under the planning, the railway industry will renovate andupgrade existing railways, connect with international transport routes; prepare capitaland resources to start construction on new routes, with priority given toNorth-South high-speed ones and those linking with gateway seaports,international airports, and main railways in major cities.

Specifically, the sector will upgrade the seven existing routes with atotal length of 2,440km.

Among the nine new railways, there will be a 1,545kmnorth-south high-speed route connecting Hanoi’s Ngoc Hoi station and Ho ChiMinh City’s Thu Thiem station.

The total capital need for both upgrading and buildingrailways will be around 240 trillion VND (10.5 billion USD).

By 2030, the volume of goods transported will reach 11.8million tonnes, accounting for about 0.27 percent of the market share, and thenumber of transported passengers will reach 460 million, accounting for a market shareof about 4.40 percent./.
VNA
#Deputy Prime Minister Le Van Thanh #railway system planning #nine new railways #2030 #Vietnam #Vietnamplus #Vietnam News Agency
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