The Railway Administration has asked the Ministry of Transport’s appraisal and approval of a $10 billion plan to modernize the VietNam North-South railway infrastructure.
Under the project, the trans-Vietnam railway, running from the Hanoi Railway Station to the Hoa Hung Railway Station in HCM City, will reach railway standards from grade I to II. The average speed will increase to 80-90 km/h for passenger trains and 50-60 km/h for cargo trains from the current speed of 50km/h.
The Railways Administration proposed to invest in infrastructure and equipment projects from now through 2020 to upgrade the speed and passenger transport capacity to 15 million passengers and 5 million tons of goods per year, with at least 25 pairs of trains running each day.
After 2020, the railway industry will continue to invest in the north-south railway to achieve the average speed of 90 km/h for passenger trains and 60 km/h for cargo trains, with passenger transport capacity of 16 million people/year and 6 million tons of goods/year. Continue reading……