The first project in Haiphong City starts from Du Nghia Station, running through Dinh Vu Peninsular and ends at Lach Huyen Port. It will have a capital investment of VND32.6 trillion.
The second project worth VND56.8 trillion will run from Dong Nai’s Bien Hoa Station to Ben Dinh-Sao Mai Port in Ba Ria-Vung Tau Province.
Cai Mep-Thi Vai Port in Ba Ria-Vung Tau Province
The department has also suggested a VND36-trillion railway route connecting Vung Ang Port in Ha Tinh and Mu Gia Pass in Quang Binh.
Foreign investors can participate in these projects by providing capital, offering technology transfer, setting up joint ventures, or buying shares.
Vietnam has a total of around 3,160 km of railways, including over 2,700 km connecting the north and south. In addition to upgrading the old routes, the country is planning to expand new lines worth billions of USD.
