HCMC – A consortium has put forth a proposal to develop a 103-kilometer section of the Vietnam-Laos railway project with an investment cost of VND27,485 billion.
The consortium, consisting of Deoca Group and Petroleum Trading Lao Public (PetroTrade), has sought the Ministry of Transport’s permission to explore a railway route passing through Ha Tinh and Quang Binh provinces, which share a border with Laos.
This proposed project envisions eight stations, including one main station and seven intermediate stations, to be developed under the public-private partnership (PPP) model. The single-track railway, designed for speeds of up to 150 kph, will serve both passenger and cargo transportation.
The section of the Vietnam-Laos railway project running through Vung Ang, Tan Ap, and Mu Gia is a part of the Vientiane-Vung Ang railway route. This route has been incorporated into the railway network plan from 2021-2030, with a vision extending to 2050, as approved by the Government for investment by 2030.
The Vientiane-Vung Ang railway route spans 554 kilometers in length and requires an investment of VND149,550 billion.
This railway connection between Laos and Vietnam is expected to enhance goods transshipment via Vung Ang port, facilitating trade development between Vietnam and other countries in the region and globally.
Upon completion, these projects will foster opportunities for collaboration between Vietnamese and Laotian businesses in sectors such as tourism and services.
