High-speed railway to connect North and South Vietnam — A $67 billion project

Vietnam is moving forward with its ambitious plan to build a high-speed railway connecting the northern and southern regions. The project will span 1,541 kilometers and cost an estimated $67.34 billion, this is reported by the railway transport news portal Railway Supply.

High-speed railway
Photo: tuoitrenews.vn

The government has decided to finance the railway from its national budget, ensuring no reliance on foreign loans. This decision will help Vietnam maintain control over its infrastructure development while avoiding external debt.

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The new high-speed railway will link Hanoi and Ho Chi Minh City, Vietnam’s two largest cities. Trains on this route will reach speeds of up to 350 kilometers per hour, cutting travel times significantly. The government plans to allocate $5.6 billion annually to the project, which is expected to be completed by 2035.

High-speed railway infrastructure and economic impact

The railway’s construction will begin in 2028, with the goal of finishing by 2035. To support the system, five depots for passenger trains and four for freight will be built. This will enable efficient passenger service and the integration of freight transportation into the high-speed rail network, enhancing the project’s overall economic impact.

Additionally, Vietnam plans to construct extensions in the northern part of the country. These will connect its high-speed rail with China’s network, expanding international transport links. This integration will improve freight transit between the two nations and further cement Vietnam’s role in the global transport infrastructure.

Environmental and economic benefits

The high-speed railway project will generate new jobs and foster economic development in regions along the route. The modernization of Vietnam’s railway infrastructure will boost the country’s transport efficiency, creating long-term economic benefits. Areas along the railway line will attract further investment, helping regional economies grow.

Moreover, the project will reduce Vietnam’s carbon emissions by transitioning to electric trains. This shift will make the country’s transportation system more sustainable and environmentally friendly. As Vietnam continues to develop, the high-speed railway will play a key role in minimizing its environmental footprint.

In conclusion, the high-speed railway connecting North and South Vietnam is a transformative project. It will not only improve transport within the country but also strengthen economic ties with international markets, particularly China. The project’s environmental and economic benefits make it a crucial part of Vietnam’s future infrastructure.

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