The Ministry of Transport proposes a design speed of 350 km/h, a total length of 1,541 km, twin tracks, a gauge of 1,435 mm, and an estimated cost of US$67.34 billion for the mega project.
The Ha Noi-HCM City high speed rail project will benefit the country’s economy, but there are several challenges to implementation of the mega project, including financing, attracting private sector interest and a weak business case.
Viet Nam needs more than VND1,000 trillion (US$50 billion) to develop
transport infrastructure by 2020, a conference held here yesterday by
the Ministry of Transport was told.
