1 week ago
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Author of the article:
The Associated Press
Aniruddha Ghosal
Published Nov 30, 2024 • 1 infinitesimal read
HANOI, Vietnam (AP) — Vietnam connected Saturday approved the operation of a high-speed railway connecting the superior Hanoi successful the northbound to Ho Chi Minh metropolis successful the southbound astatine an estimated outgo of $67 billion.
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The ambitious railway enactment volition agelong 1,541 kilometers (957 miles) betwixt the Vietnamese superior and the fiscal superior successful the south. The caller bid is expected to question astatine speeds of up to 350 kph (217 mph), reducing the travel from the existent 30 hours to conscionable 5 hours.
The determination was taken by Vietnam’s National Assembly, its parliament.
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Construction is expected to statesman successful 2027 and Vietnam hopes that the archetypal trains volition commencement operating by 2035. But the state has been beleaguered by delays to its erstwhile infrastructure projects.
The bid volition walk done 20 provinces and cities, with 23 rider stations and 5 freight stations on the way. It volition transport some radical and goods and volition besides work defence purposes, authorities media said.
Deputy Minister of Transport Nguyen Danh Huy said that the task was a effect to increasing transport needs, and that respective studies had underscored the request for faster options connected the north-south corridor, authorities media said.
“This task is pivotal for restructuring transport shares and serves arsenic a cornerstone for Vietnam’s leap into a caller epoch of growth,” helium said.
State media said that Vietnam volition prioritize home backing for the task but whitethorn see overseas loans if they are affordable and not restrictive.
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