Monday, December 30, 2024
The railway will originate in Haiphong, the northern area’s largest port.
Vietnam plans to start constructing a brand new railway line connecting the northern port metropolis of Haiphong to the Chinese language border, with building set to start out earlier than the tip of the 12 months.
On December 22, Vietnamese Prime Minister Pham Minh Chinh introduced that the federal government plans to current the railway venture for formal approval to the Nationwide Meeting in February.
Spanning 417 kilometers, the railway will join Haiphong with Hanoi and lengthen to Lao Cai Province, which shares a border with China’s Yunnan Province.
This venture is anticipated to be the primary of two high-speed rail connections with China, Vietnam’s largest buying and selling associate.
Drawing inspiration from neighboring international locations
Discussions between officers from Vietnam and China concerning railway connections have been ongoing for a while. Nonetheless, the success of high-speed rail traces in northern Laos and related tasks in China seems to have influenced senior leaders to pursue their very own plans to reinforce commerce and tourism.
Railway improvement has turn into a key focus for Vietnam. In August, President To Lam held talks with Chinese language Premier Xi Jinping in Beijing, emphasizing the significance of high-speed rail hyperlinks.
In 2023, China expressed its willingness to supply grants to enhance the railway connecting Kunming with Haiphong, in addition to different transportation corridors linking southern China to Hanoi.
Vietnam’s Ministry of Transport has been engaged on the pre-feasibility examine for this venture, which may align with China’s Belt and Highway Initiative.
By October 2024, Vietnam is projected to allocate roughly $11 billion to this formidable railway venture.