Nearly 200,000 billion VND to develop railway system

This is the total expected investment capital of Vietnam Railway Corporation in the period 2012 - 2015.

The Government has just approved the Development Plan of Vietnam Railway Corporation for the period 2012-2015. Accordingly, in 2015, the volume of goods transported reached nearly 27.5 million tons/km, the volume of passengers transported reached nearly 27.8 million passengers/km; the average growth rate reached 10%/year or more.

Regarding railway infrastructure, the Corporation will invest in renovating and upgrading existing railway lines to meet national railway standards of level I, prioritizing the completion of the renovation and upgrading of the Thong Nhat railway line with a maximum technical speed of 120 km/h for passenger trains and 80 km/h for freight trains and the Lao Cai - Hanoi - Hai Phong railway line to improve transport capacity and train safety.

In addition, complete investment preparation for the Hanoi - Ho Chi Minh City high-speed railway project, the Lao Cai - Hanoi - Hai Phong and Hanoi - Dong Dang standard railway projects; when conditions permit, deploy a number of selected sections and routes.

Implement and put into operation, in parts, the entire urban railway line No. 1 in Hanoi capital, the Trang Bom - Hoa Hung elevated railway in Ho Chi Minh City; upgrade the Hanoi - Noi Bai railway line. Build Hanoi station into a central railway station, both a transit hub, connecting all types of transport vehicles, and a multi-purpose service center.

The total development investment capital of Vietnam Railway Corporation in the period of 2012 - 2015 is expected to be about 200,000 billion VND./.

According to (SGGP)-LT