TIẾNG VIỆT Vietnam considers $58.7 billion high-speed railway
A vendor walks on a railway track as tourists gather on either side, in the Old Quarter of Hanoi, Vietnam September 28, 2019. REUTERS/Kham
The Southeast Asian country's transport ministry will next month submit a proposal to build the 1,545 km (960 miles) railway to the Politburo, the powerful decision-making body of the ruling Communist Party of Vietnam, the government said in a news release.
Vietnam, a regional manufacturing hub, is ramping up its investment in transport infrastructure to support its fast-growing economy.
The first two sections with combined length of 665 kms (413 miles) and total investment of $24.72 billion would be open to traffic by 2032, the government said, adding that the entire project would be completed by 2045-2050.
Source: Reuters
