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Transport ministry urges to kick off USD10-billion railway project
  • |, TP | January 18, 2021 03:03 PM
The Ministry of Transport wants to conduct a pre-feasibility study of a USD10 billion railway project connecting HCM City and Can Tho City in the southern region of Vietnam.

According to the ministry the pre-feasibility study will be conducted by a consulting firm in the 2021-2022 period. Funding for the study will be sourced from the state budget.

The railway line linking HCM City and Can Tho will has a total investment of USD10 billion (Illustrative photo)

Under the planning, the route is 173 kilometres, travelling through Binh Duong, HCM City, Long An, Tien Giang, Vinh Long and Can Tho. It will be carried out under the form of public-private partnership.

The project’s specific planning was approved in 2013.

The train line, once operating, will help meet the demand for transporting cargo and passengers among localities in the southern region, and ease traffic congestion on roads.

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