USD5bn to be spent on Can Tho-HCM City express railway

The Ministry of Transport intends to submit a plan to the government to build a USD5bn express railway linking Can Tho and Ho Chi Minh cities.

The Ministry of Transport intends to submit a plan to the government to build a USD5bn express railway linking Can Tho and Ho Chi Minh cities.

 

Ben Thanh-Suoi Tien metro line

Ha Ngoc Truong, vice head of the Vietnam Union of Science and Technology Associations, said on March 6 that the consultants for civil and structural engineering services Tedi South had completed the feasibility report for the project. The project is finally taking shape after five years.

The Ministry of Transport asked the Southern Institute of Science and Technology to carry out more research on the investment since the project is part of the transportation master plan and development strategy to 2020 with view to 2050.

The project cost is estimated to cost USD5bn. The railway will run through 10 stations in Can Tho and HCM cities, and Long An, Tien Giang, Vinh Long provinces. It will run along the elevated HCM City-Trung Luong-My Thuan expressway. The first station will be Tan Kien in HCM City and end at Nam Can Tho Station.

Canada's Morfund has been chosen as the investor for this public-private-partnership project. On January 17, the consulate general of Canada in HCM City sent an official letter to the Southern Institute of Science and Technology, praising the project and promised to provide designs and technology.