The Viet Nam Railway Department is planning to build two railway lines linking Viet Nam with Laos and Cambodia with a total investment capital of VND 8.4 trillion (US$525 million). These will be the first lines linking Viet Nam with the two countries.
The project has been approved by the Prime Minister and is part of the trans-Asia and ASEAN railway network and the country’s 2020 Transport and Railway Development Strategy.
Research into the first stage of the project, a 130km-long route to Cambodia from Sai Gon to Loc Ninh, will be carried out by the department and two Chinese partners including the China Mechanical Equipment Import Export Corporation (CMC) and the China Railway Construction Corporation (SRCC).
The system has been designed with 12 stations and starts from Di An station in Binh Duong Province to the border-gate station of Hoa Lu in the northern province of Ninh Binh. The total investment for this stage of the project has been estimated at VND 3.918 trillion (US$243 million).
The second stage, a 119km-long railway route linking Vung Ang-Mu Gia (central province of Ha Tinh) to Laos, is estimated to require a total investment capital of VND4,523 billion (US$281 million).
According to Mr. Nguyen Van Doanh, Vice Head of the Viet Nam Railway Department, once in operation, the two new railway routes will open up great opportunities for transport and trade cooperation between the regions countries.
In addition, the projects will help boost the economy in some localities, especially in the area of Vung Ang port in the central province of Ha Tinh, he added.