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Vietnam to have 16 more railway lines by 2030

Vietnam’s railway network planning expects to have 16 new national lines with a total length of about 4,802km by 2030.
Vietnam to have 16 more railway lines by 2030 ảnh 1Illustrative photo (Source: VNA)
Hanoi (VNA) – Vietnam’s railway network planningexpects to have 16 new national lines with a total length of about4,802km by 2030.

According to the Ministry of Transport, the planning for2021-2030 will also upgrade seven existing lines, whose total lengthamounts to 2,440km.

By 2050, the number of new rail lines will be 25, which togetherare 6,354km long.

The completely upgraded and expanded network following theplanning will connect strategic economic areas and corridors, urban centres,international sea ports, border gates, and airports nationwide, said a leader ofthe ministry.

Vietnam to have 16 more railway lines by 2030 ảnh 2Illustrative photo (Source: baogiaothong.vn)
Rail transport boasts several advantages.It requires less land areas, leaves little impact on the environment, andcarries a large amount of goods and passengers. It is also fast, safe, and lowcost.

However, the railway investment budget is enormous, whilethe State budget resources are limited. Due to the low financial efficiency ofrailway investment, it is difficult for the sector to attract capital from society./.
VNA
#vietnam#railway network#new rail lines#railway investment#vietnam#vietnam news agency#vietnamplus
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