February 20, 2023 | 18:50 GMT+7

Over $310mln to go to rail upgrades

Anh Tú -

Five of six projects to use State capital.

Vietnam’s railway sector plans to begin six upgrade projects with total investment of over VND7.4 trillion ($310 million) this year, according to the Rail Project Management Board.

Five of these projects will use State capital from the mid-term public investment plan for 2021-2025.

The Hanoi - Vinh, Vinh - Nha Trang, and Nha Trang - Ho Chi Minh City sections of the North-South railway line will be upgraded with total investment of more than VND3.1 trillion ($131 million). At some 1,725 km in total, the upgrades are scheduled for completion in 2025.

Two other projects include upgrades to northern railway stations with capital of VND476 billion ($20.1 million) and the Duong railway bridge at a cost of nearly VND1.85 trillion ($78 million).

The final project is the upgrading of the Khe Net mountain pass in central Quang Binh province, with investment of over VND2 trillion ($84.7 million). The capital is partly sourced from official development assistance from the Republic of Korea.

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