Private firms urged to fast-track doꦰcuments for North-South railway construction
In their proposals, VinSpeed plans to implement the North-South high-speed railway project in five years while Thaco, seven years.
Keyword: "VinSpeed"
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Weekly highlights: VinSpeed ✅proposes 61 billion USD investܫment in North-South high-speed railway
VinSpeed Joint Stock Company has officially registered to invest in Vietnam’s North–South high-speed railway project, proposing a total investment of 61.35 billion USD and pledging to begin construction before December, with full operations expected by December 2030.
VinSpeed proposes 61.35 billion U🎃SD investment for North–South high-speed railway
VinSpeed commits to mobilising 20% of the total capital, equivalent to 12.27 billion USD. For the remaining 80%, excluding costs related to compensation, relocation support, and resettlement for land clearance, the company proposed borrowing from the state budget, through zero-interest loans, repayable over a 35-year period from the disbursement date.