Vietnam will add 18 new routes, 1,528km in total length, to its national railway network by 2050, according to a draft planning for the 2021 – 2030 period, with a vision towards 2050.
The Ministry of Transport (MoT) has proposed total investment of VND240 trillion (US$10.4 billion) for the expansion of the railway network from now until 2030, to be sourced by the State budget and other legal sources.
Due to Vietnam’s natural features and geography, the development of a high-speed railway is imperative and any delays will hinder socio-economic growth, Chairman of Vietnam Railways Vu Anh Minh has said.