28.9 C
Ho Chi Minh City
Thursday, November 21, 2024

Funding for high-speed railway

By Hans Nguyen - Le Hoai An

Must read

The planned North-South high-speed railway will be one of Vietnam’s largest and most critical infrastructure projects in the coming decade. Although its overall plan has been approved, it would be tough to secure capital for this big-ticket project, making the search for innovative and efficient financial solutions crucial to ensuring its feasibility. It is no easy task to mobilize funds for the North-South high-speed railway project. Its super-large scale would place a strain on the state budget if it is funded solely by the State. If taking out foreign loans, public debt would balloon and thus threaten national financial security, not to mention the conditions imposed by international lenders. Therefore, seeking domestic financial solutions combined with modern financial instruments is essential to address the project’s financial matter. Evaluations of funding options emphasize the importance of leveraging domestic resources and employing financial tools like Real Estate Investment Trusts (REITs) to ensure the project’s feasibility. Vietnam must fully tap the potential of its domestic economy and adopt modern financial models successfully applied in other countries. This approach not only eases the burden on the budget but also opens opportunities for citizens and businesses to participate in national infrastructure development. Leveraging domestic resources […]
To read more, please click here.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles