The People's Council of An Giang Province in southern Vietnam on October 24 approved a resolution on investment (Phase 1) in the urban tram line project in Phu Quoc island under the public-private partnership (PPP) model, according to a report from Radio the Voice of Vietnam.
The total investment capital is estimated at approximately VNĐ 9 trillion (about $342 million) (excluding loan interest costs). The investment scale includes a route length of about 17.7 km, with 5-7 stations, and a depot (vehicle maintenance center). Operating vehicles will be train sets consisting of 3-5 carriages (modules); the design speed is 70-100 km/h.
The project is expected to be implemented from Q4/2025 to Q2/2027. The project contract term will be a maximum of 40 years from the date of handover and commissioning.
Phase 1 of the urban tram line project in Phu Quoc is a component of the Phu Quoc urban railway line. Once established, it will provide a high-quality public transportation type with large, stable, reliable, safe, and environmentally friendly transport capacity, meeting the travel needs of people to areas along the route and within the project's influence zone.
The completed project will contribute to serving the APEC 2027 summit week, and at the same time, facilitate transportation connectivity, serve public travel needs for residents and tourists, reduce traffic accidents and emissions, and contribute to green urban development in the Phu Quoc Special Zone by 2030.
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