28.9 C
Ho Chi Minh City
Monday, June 23, 2025

spot_img

TAG

North-South express railway

Global lessons for high-speed rail investment

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 […]
To read more, please click here.

Cross-country high-speed rail project proposal goes before NA

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...

Freight train derails, halting North-South rail service

HCMC - A freight train derailment last night has disrupted rail services on Vietnam's key North-South rail line, leaving the Hai Van Pass route...

Chinese firms keen on high-speed rail, energy projects in Vietnam

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...

Express railway project in high gear

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...

MoT proposes 350-km/h railway

HCMC – The Ministry of Transport (MoT) has proposed developing an express rail line connecting the country's north and south, with a maximum speed...

Latest news

spot_img