HCM City proposes developing five new railway lines

06-Mar-2021 Intellasia | The Saigon Times | 6:49 AM Print This Post

The government of HCM City is working on a plan to propose the development of five new railway lines, with a focus on high-speed train routes, to cope with a high freight growth rate in the city.

These five railway lines include the HCM City-My Tho-Can Tho route; the HCM City-Tay Ninh route connected with the HCM City-My Tho-Can Tho route at the Tan Chanh Hiep Station in HCM City; the Thu Thiem-Long Thanh airport route; a high-speed railway on the north-south route, with sections with high demand such as HCM City-Nha Trang to be developed first.

The fifth route is a double-track rail line connecting the national railway line to the Hiep Phuoc Port in HCM City and the Long An international terminal.

This plan is part of a scheme, which was recently passed by the city’s government, to develop the logistics sector in the city until 2025 with a vision toward 2030, the Office of the municipal government announced on March 3, reported Sai Gon Giai Phong newspaper.

According to the scheme, the logistics costs of some sectors in HCM City remained high. For instance, the seafood sector’s logistics costs accounted for 30 percent of its operation costs. Roads within HCM City and those linking the city with major economic zones in the south are facing overloading, thus extending the time needed to transport goods and raising logistics costs.



Category: Business, Vietnam

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