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In Vietnam, Parliament approves €63 billion high-speed rail line project

Source link : https://news7.asia/news/in-vietnam-parliament-approves-e63-billion-high-speed-rail-line-project/

At the Vietnamese National Assembly, Saturday November 30, following the approval of the high-speed rail line project between Hanoi and Ho Chi Minh City. STR / AFP The Vietnamese Parliament approved, on Saturday November 30, a high-speed railway line project between Hanoi, the capital, and Ho Chi Minh City valued at 63 billion euros. “The National Assembly voted to approve (…) the high-speed train line project on the North-South axis,” she said in a press release. This new line of more than 1,500 kilometers between the capital, in the North, and the economic heart of the country, in the South, will reduce the journey time from thirty to five hours. Deputy Minister of Planning and Investment Tran Quoc Phuong called the line a “breakthrough” for Vietnam’s infrastructure, estimating that it would boost the country’s GDP by 0.97 percent per year, on average. . “It is the wish of the population and the will of the political system to have a high-speed line of international standard,” he declared before the approval of the project. The new line, which is to have 23 stations in 20 different cities and provinces, is supposed to be built in just eight years, between 2027 and 2035. Read also | Article reserved for our subscribers In Southeast Asia, Vietnam intends to escape Donald Trump’s reprisals Read later Le Monde with AFP Reuse this content

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Author : News7

Publish date : 2024-11-30 17:08:23

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