The first phase of the project has a total investment of VND90 billion (about US$4 million).
Once operational, the new logistics centre will boost the container-handling capacity of Yen Vien railway station by 3-5 times and its goods-handling capacity by 2-3 times while reducing handling times, according to VNR Chairman Tran Ngoc Thanh.
|At the ground-breaking ceremony. (Source: baogiaothong.vn)
Additional 5-6 twinsets (a set of two railroad cars) will be put into operation in routes linking Yen Vien with Hai Phong Port in Haiphong city, Cai Lan International Container Terminal (CICT) in Quang Ninh northern province and Song Than Industrial Park in Binh Duong southern province.
Bui Quang Lien, a representative from the ITL, said that the corporation will strive to speed up the construction so that the centre will be operational before June 2016.
According to an agreement signed earlier, the ITL is allowed to operate the Yen Vien Railway Logistics Centre in 23 years.