Government launches action plan on railway transport development
The Government has issued Resolution No 178/NQ-CP on an action plan for implementing the Politburo’s Conclusion No 49-KL/TW on the development orientation of Vietnam’s railway transport to 2030 with a vision towards 2045.
The action plan sets out tasks including perfecting institutions and policies, completing railway planning and related plans, and mobilising resources to invest in rail transport.
According to the pre-feasibility report, the project will pass through 20 provinces. It has a length of 1,545 km, with a maximum operating speed of about 320 km per hour. The total estimated investment of the whole project is about $58.71 billion.
Việt Nam currently has 2,440 km of railway.
