Transport Ministry proposes construction of two high-speed rail routes

16-Oct-2021 Intellasia | The Saigon Times | 5:02 AM Print This Post

The Ministry of Transport has proposed the construction of two high-speed railway projects, with one linking Hanoi with Nghe An Province’s Vinh City and the other connecting HCM City with Khanh Hoa Province’s Nha Trang City.

The ministry recently submitted a railway network planning scheme for the 2021-2030 period, with a vision toward 2050, including the construction of the two high-speed rail routes, to the government for approval, said the ministry’s representative on October 13, reported VnExpress.

Besides this, the ministry suggested the development of eight new rail routes by 2030, including the Yen Vien-Pha Lai-Ha Long-Cai Lan route, a ring road in the east of Hanoi, the Hanoi-Hai Phong route and the HCM City-Can Tho route, among others.

These rail roads would link with the country’s international seaports in Hai Phong City and Ba Ria-Vung Tau Province, connect HCM City with the Mekong Delta and link the country with the neighbouring countries such as China, Laos and Cambodia.

By 2050, the local railway sector is set to complete the construction of the North-South high-speed rail route and continue investing in new rail routes in the two major hubs of Hanoi and HCM City and those linking seaports, industrial parks, economic zones, the Central Highlands region and the trans-Asia railway. It will also upgrade the existing rail routes.

The capital demand to develop railway infrastructure in the country by 2030 would reach an estimated VND240 trillion, funded by the State budget and other legal sources.

Earlier, many transport experts had proposed the construction of the North-South railway with a speed of 160-200 kilometers per hour to transport passengers and cargo, instead of building high-speed rail routes at 350 kilometers per hour to carry only passengers.

Planning consultants said that the attractiveness of the railway depends on its speed. The local railway sector would obtain 93 percent of market share if it operates high-speed trains running at 350 kilometers per hour on the Hanoi-Vinh route, while the market share would be 85 percent for trains running at 200 kilometers per hour. On the Hanoi-Danang route, the figures would be 75 percent and 35%, respectively.

As for the Hanoi-HCM City route, the market share of high-speed trains running at 350 kilometers per hour would reach 15%, while that of trains travelling at 200 kilometers per hour would be a mere 0.3%.

Further, it takes passengers one hour to travel from Hanoi to Vinh City on high-speed trains running at 350 kilometers per hour, while they need three hours to travel by air on the same route. For the Hanoi-HCM City route, travelling on high-speed trains will take 5.5 hours, which is around one hour longer than travelling by air.

https://english.thesaigontimes.vn/transport-ministry-proposes-construction-of-two-high-speed-rail-routes/

 

Category: Business, Vietnam

Print This Post

Comments are closed.