Vietnam Approves $67 Billion High-Speed Railway Linking Hanoi and Ho Chi Minh City
Vietnam’s parliament has given the green light to a monumental $67 billion project to build a high-speed railway connecting the capital Hanoi in the north to Ho Chi Minh City in the south. This ambitious plan aims to revolutionize travel across the country, slashing the current 30-hour journey time by rail down to just around five hours.
The railway will span over 1,500 kilometers, passing through 20 provinces and cities. It will feature 23 passenger stations and five freight stations, serving both civilian and defense purposes. The project is expected to not only enhance connectivity but also boost economic growth by facilitating the movement of people and goods across the country.
According to a statement on the National Assembly’s website, “The national assembly voted to approve a resolution on investment policies for the high-speed railway project on the North-South axis.” Construction is slated to begin in 2027, with the first trains anticipated to be operational by 2035.
While Vietnam has faced delays in previous infrastructure projects, the approval of this railway marks a significant step forward in the nation’s development plans. The high-speed train is set to transform transportation in Vietnam, offering a faster, more efficient alternative to current travel options.
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Vietnamese parliament approves $67 billion high-speed railway project
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