4:50:14 PM | 27/2/2008
Construction of a VND2 trillion (US$125 million) railway section, part of the Yen Vien-Pha Lai-Ha Long-Cai Lan railway route, began February 24, state media said Monday.
The 35.9-km Lim-Pha Lai railway running through Tien Du and Que Vo districts, and Bac Tinh township (Bac Ninh province) and Chi Linh district (Hai Duong province) will include 17 bridges.
The Yen Vien-Pha Lai-Ha Long-Cai Lan railway project will have a total investment of VND4 trillion which will come from government bonds.
The 128.2-kilometer route, part of the East-West Corridor Project of the Greater Mekong Sub-region Economic Cooperation Program, is slated for completion by late 2010.
Minister of Transport and Communication Ho Nghia Dung said once operational the large-scale modern railway will play an important role in the development of the Northern Key Economic Region.
According to the Vietnam Railway Corp, Vietnam is calling for US$49 billion to build and improve 12 railway projects from now to 2010 in a bid to maintain the country’s high economic growth rate and reduce traffic accidents. (Labor, VNA)
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