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VND17 trillion needed for Thap Cham-Dalat railway restoration
By Le Anh
Tuesday,  Apr 16, 2019,15:54 (GMT+7)

VND17 trillion needed for Thap Cham-Dalat railway restoration

By Le Anh

A train runs on a one-meter-wide rail track. The Thap Cham-Dalat railway restoration project is expected to cost a total of VND17.2 trillion – PHOTO: LE ANH

HCMC – Bach Dang Company has proposed the Ministry of Transport allow it to restore the storied yet long-forgotten Thap Cham-Dalat railway, under a public-private partnership format, at a cost of up to VND17.2 trillion.

Work on the restoration project is proposed to start at Thap Cham Station in Ninh Thuan Province and end at Dalat Station in Lam Dong Province, according to the transport consulting firm TEDI South.

The 84-kilometer rail line runs from Phan Rang-Thap Cham, Ninh Son District, in Ninh Thuan Province to Don Duong, Dalat City.

The projected railway is expected to have 15-17 stations, five railroad tunnels and two serrated railway sections for climbing uphill. The rail line will be restored using the old railway track, in accordance with approved technical standards.

The one-meter-gauge rail track will allow for a designed speed of 60 kilometers per hour on the smooth, flat sections. As for the serrated sections, the designed speed will be 30 kilometers per hour.

The consulting firm proposed using a diesel locomotive in the initial phase before switching to a modern electric prime mover. Meanwhile, the investor suggested the locomotive should be designed as a French steam locomotive, with a steam generator.

A report by Bach Dang Company in mid-March indicated that the project may cost a total of VND17.2 trillion.

The investor proposed recovering the capital in two ways. The first is to develop the railway under a build-operate-transfer investment format, with revenue earned from ticket sales, transportation charges and other services.

Meanwhile, the second capital recovery method involves executing the project under a build-transfer format, so Lam Dong and Ninh Thuan provinces will pay the investor with land.

The Ministry of Transport will consider and assess the proposal and the feasibility study report before the investment plan goes before the Government.

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