North-South High-Speed Rail Project: A Game-Changer for Vietnam
Approval and Overview
Vietnam’s National Assembly has approved an ambitious cross-country high-speed railway project, which will cost an estimated US$67 billion. The project aims to connect the capital city of Hanoi in the north to Ho Chi Minh City, formerly Saigon, in the south, a distance of over 1,500 kilometres.
Route and Construction
The north-south high-speed rail project will run through 20 cities and provinces. Due to the difficult terrain, 60% of the route will run over bridges, 10% will run through tunnels, and only 30% is planned to be at ground level. The authorities plan to start construction in 2027, with the first step being the approximately 400-kilometre section between Ho Chi Minh City and the coastal city of Nha Trang, which is popular with tourists. The train could start operating in 2035.
Journey Time and Speed
According to the ministry of transport, the journey on the new train, which can travel at speeds of up to 350 kilometres per hour, will take around five hours. This would make it a real alternative to a domestic flight, not only in terms of time but also in terms of cost.
Financing and Implementation
The money for the project will come largely from state funding or domestic loans, but the government may consider overseas development assistance if the loans come with favourable conditions and low interest rates. Implementation is planned via an operator model, with companies from several countries expressing interest in participating.
International Connections
Vietnam also plans to begin work on high-speed railway lines connecting Hanoi with China by 2030. This will further enhance the country’s connectivity and economic growth.
Conclusion
The north-south high-speed rail project is a significant investment in Vietnam’s infrastructure and transportation system. It will provide a fast, efficient, and cost-effective way to travel across the country, boosting economic growth and connecting cities and provinces like never before.
FAQs
Q: When will the construction of the north-south high-speed rail project start?
A: The authorities plan to start construction in 2027.
Q: How long will the journey take on the new train?
A: The journey will take around five hours, according to the ministry of transport.
Q: What is the estimated cost of the project?
A: The estimated cost is US$67 billion.
Q: Who will finance the project?
A: The money for the project will come largely from state funding or domestic loans, with the possibility of overseas development assistance.
Q: When will the train start operating?
A: The train could start operating in 2035.