Steering Committee on North-South High-Speed Railway established
VGP - Prime Minister Pham Minh Chinh has decided to establish a steering committee responsible for drafting and implementing investment policy plan for North-South high-speed railway and other national rail projects.
The establishment of the committee, led by Deputy Prime Minister Tran Hong Ha, is part of the Government's effort to concretize the Conclusion No. 49-KL/TW dated February 28, 02 of the Politburo on on the development orientation of Viet Nam's railway transport to 2030 with a vision towards 2045.
Construction of the North-South expressway railway must start before 2030 so that it can be completed by 2045, the Politburo ordered.
By 2025, all procedures to approve the investment policy of the north-south high-speed railway project must be completed.
In the 2026 – 2030 period, priority will be given to the two express railway sections of Ha Noi–Vinh, which connects the capital city of Ha Noi with Nghe An Province’s Vinh town, the biggest city and economic and cultural center of north-central Viet Nam, and the Ho Chi Minh City–Nha Trang section, which links the nation’s biggest city with the beach town of Nha Trang.
The Politburo identified the north-south high-speed railway as the "backbone" axis that will be connected with urban railways, major economic centers, seaports, airports, and international borders.
The total investment for the project is expected to be over US$58 billion./.