Friday, January 04, 2008

Vietnam needs $49 billion USD for 12 railways

Over 49 billion USD needed for 12 railways

The Viet Nam Railway Corporation has released a list of 12 railways projects in need of over 49 billion USD in investment for the 2006-10 period.

They include the Lao Cai-Ha Noi-Hai Phong line that needs 9.76 billion USD, the Da Lat-Thap Cham line with 320 million USD, the Bao Lam-Phan Thiet line with 1.3 billion USD, Yen Vien-Ngoc Hoi with almost 1.62 billion USD, the Bien Hoa-Vung Tau line with 400 million USD, the Trang Bom-Hoa Hung line with 550 million USD, the Sai Gon-Loc Ninh line with 300 million USD, Sai Gon-My Tho with 447 million USD, Ha Noi-Ha Dong with 370 million USD, Ha Noi-Hoa Lac with 938 million USD, the Hai Van tunnel with 200 million USD and Ha Noi-Ho Chi Minh City with 33 billion USD.