HA NOI — The Viet Nam Railway Corporation's development plan for the next three year has been given the thumbs-up by the Prime Minister for its focus on upgrading and new infrastructure.
The corporation tips a budget of VND200 trillion (US$9.5 billion) of which VND195 trillion ($9.28 billion) will be spent on upgrading and building new ones and linking them to major ports, industrial zones and tourist attractions.
Among railways to be upgraded is the north-south Thong Nhat railway, which aims to enable passenger trains reach 120kph and freight trains, 80kph.
Preparations will be finalised for the construction of the railway routes linking Ha Noi-HCM City, Lao Cai-Ha Noi-Hai Phong; and Ha Noi-Dong Dang.
By 2015, Ha Noi Railway Station is expected to become the heart of the country's system, connecting with other means of transport and having a multi-functional service centre.
The improved facilities and services are expected to transport 13.7 million tonnes of freight and 17.7 million passengers a year. Last year, 7.2 million tonnes of goods and 11.9 million passengers were transported by rail.
In a National Assembly session last week, several deputies voiced their concerns about the inadequate railway system and called for more investment in the sector. — VNS