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Tuesday, June 18, 2024

Investors to do pre-feasibility study for Vietnam-Laos railway section

By Nguyen Tan

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HCMC – The Ministry of Transport has allowed a joint venture between Laos Petrotrade and Deo Ca Group to conduct a pre-feasibility study for a section of the Vietnam-Laos railway project.

The 103-kilometer railway will run from Vung An to Mu Gia through Tan Ap and have eight stations. The project will be executed under the public-private partnership with capital amounting to around VND27,485 billion.

The Vung An-Tan Ap-Mu Gia railway section is a crucial part of the railway project connecting Vientiane in Laos and Vung An in Ha Tinh Province, Vietnam.

The Vietnam-Laos railway project, outlined in the national railway development plan from 2021 to 2030, with a vision towards 2050, has received government approval with an investment roadmap before 2030.

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