Illustrative image (Photo: VNA)Hanoi (VNA) – The Ministry of Transport (MoT) has approved an investmentworth nearly 1.1 trillion VND (over 47 million USD) for a sub-project to upgradethe Nha Trang – Sai Gon railway section, which is part of the project to renovate and upgrade the Hanoi-Ho Chi Minh City railway route in the 2021-2025 period.
The 411-km route will be implemented from 2022 – 2025, running throughthe provinces of Khanh Hoa, Ninh Thuan, Binh Thuan, Dong Nai, and Binh Duong,and Ho Chi Minh City.
Thesub-project aims to ensure traffic safety, improve the quality of railway infrastructureand transport capacity of both passengers and goods, thus effectively exploiting theexisting infrastructure along the Nha Trang – Sai Gon route.
Thebudget for this will be sourced from the State budget under the medium-termpublic investment plan for the 2021-2025 period.
About80 billion VND will be allocated in 2022; and 350 billion VND, 400 billion VNDand 269 billion in 2023, 2024 and 2025, respectively.
Itwill focus on upgrading degrading bridges, and renovating, repairing and building anumber of passenger and cargo stations.
The MoT has required its Vietnam Railway Project Management Board andrelevant units to fully carry out surveys on various aspects and review and balance capital sources to ensure investmentefficiency.
Thissub-project, along with two others to renovate and upgrade the Hanoi – Vinh andVinh – Nha Trang routes approved recently by the MoT, and those under the medium-termcapital package of 7 trillion VND in 2016-2020, is part of the work to implementa detailed plan on modernising the North-South railway.
The Vietnam Railway Authority said to meet thetransport demand as well as implement the railway network master plan for the 2021-2030period, with a vision to 2050, there will be subsequent projects to upgrade andmodernise the route./.
