|The Railway Project Management Board is preparing pre-feasibility studies for two railway projects of Thủ Thiêm-Long Thành and Biên Hòa-Vũng Tàu. Illustrative image VNA/VNS Photo|
HÀ NỘI — The Railway Project Management Board is moving forward with the pre-feasibility studies for the Thủ Thiêm-Long Thành and Biên Hòa-Vũng Tàu railway projects, as it aims to submit the results in 2024.
The pre-feasibility study for the railway connecting Long Thành International Airport is scheduled to be completed next year, according to a representative from the Ministry of Transport.
The People's Committee of Đồng Nai Province has suggested taking on responsibility for the two projects as a public-private partnership (PPP), which the Ministry of Transport has supported.
The Ministry has also asked Bình Dương and Bà Rịa-Vũng Tàu provinces, as well as HCM City, to offer their comments on the proposal.
Given the technical complexity of railway projects, the Ministry of Transport is considering seeking assistance from foreign sponsors and investors to ensure feasibility and synchronisation in the exploitation process.
The Railway Project Management Board is also finalising agreements on the locations of railway stations with the localities that the projects will pass through.
The Thủ Thiêm-Long Thành light rail is expected to stretch for 38 km, connecting HCM City and Đồng Nai Province, with a total investment of over US$1.7 billion.
The route will be elevated, featuring 19 elevated stations and a depot behind Long Thành International Airport, which is set to open in 2025.
The 65-km-long Biên Hòa-Vũng Tàu railway would run from Trảng Bom District in Đồng Nai Province to the Cái Mép-Thị Vải International Port Complex in Bà Rịa-Vũng Tàu Province, with an estimated investment of over $2.3 billion. — VNS