As of the end of 2020, there had been 20 countries in the world having high-speed rail (HSR) networks totaling 58,839 kilometers. Excluding China, only three of these countries had HSR lines exceeding 1,500 kilometers in length. If Vietnam were to invest in and complete its entire HSR system, it would join the top five countries with the longest high-speed rail networks in the world—twice the length of the United States’ HSR system. But the crucial question remains how Vietnam can mobilize nearly US$70 billion, and which model should it adopt to invest in such a system. Models of capital mobilization and contracts for HSR deployment When discussing HSR financing, international studies typically divide financial resources into two categories: funding and financing. Funding refers to the upfront cash flow used before construction to cover expenses such as studies, feasibility analyses, and environmental impact assessments, as well as the post-construction cash flow needed for operation and maintenance of the infrastructure. Financing, on the other hand, is defined as “the investment capital required to acquire land corridors, and to design, construct, and put into operation the associated infrastructure systems.” In most HSR projects, the financing portion represents the largest financial requirement. To […]
As of the end of 2020, there had been 20 countries in the world having high-speed rail (HSR) networks totaling 58,839 kilometers. Excluding China, only three of these countries had HSR lines exceeding 1,500 kilometers in length. If Vietnam were to invest in and complete its entire HSR system, it would join the top five countries with the longest high-speed rail networks in the world—twice the length of the United States’ HSR system. But the crucial question remains how Vietnam can mobilize nearly US$70 billion, and which model should it adopt to invest in such a system. Models of capital mobilization and contracts for HSR deployment When discussing HSR financing, international studies typically divide financial resources into two categories: funding and financing. Funding refers to the upfront cash flow used before construction to cover expenses such as studies, feasibility analyses, and environmental impact assessments, as well as the post-construction cash flow needed for operation and maintenance of the infrastructure. Financing, on the other hand, is defined as “the investment capital required to acquire land corridors, and to design, construct, and put into operation the associated infrastructure systems.” In most HSR projects, the financing portion represents the largest financial requirement. To […]
As of the end of 2020, there had been 20 countries in the world having high-speed rail (HSR) networks totaling 58,839 kilometers. Excluding China, only three of these countries had HSR lines exceeding 1,500 kilometers in length. If Vietnam were to invest in and complete its entire HSR system, it would join the top five countries with the longest high-speed rail networks in the world—twice the length of the United States’ HSR system. But the crucial question remains how Vietnam can mobilize nearly US$70 billion, and which model should it adopt to invest in such a system. Models of capital mobilization and contracts for HSR deployment When discussing HSR financing, international studies typically divide financial resources into two categories: funding and financing. Funding refers to the upfront cash flow used before construction to cover expenses such as studies, feasibility analyses, and environmental impact assessments, as well as the post-construction cash flow needed for operation and maintenance of the infrastructure. Financing, on the other hand, is defined as “the investment capital required to acquire land corridors, and to design, construct, and put into operation the associated infrastructure systems.” In most HSR projects, the financing portion represents the largest financial requirement. To […]
HCMC - The National Assembly, the legislature of Vietnam, today, November 30, voted in favor of a resolution on the implementation of a US$67-billion...
HCMC – The Ministry of Transport today submitted a US$67.34-billion cross-country high-speed railway project to the National Assembly.
The proposed 1,540-km line would connect northern...
HCMC – Chinese businesses have shown interest in Vietnam's infrastructure and energy sectors, particularly in the high-speed rail line connecting the country's north and...
Several Vietnamese businesses have expressed interest in the development of a high-speed railway that connects the north and the south of the nation. To...
HCMC – China Communications Construction Company Limited (CCCC) has expressed interest in major infrastructure projects in Vietnam, including the North-South express railway and metro...
HCMC – South Korea's Minister of Land, Infrastructure and Transport (MOLIT), Park Sang Woo, expressed interest in collaborating with Vietnam in the infrastructure sector,...