Vietnam estimates cost of new railway link with China at $7.2 billion
Adds details and context in paragraphs 5-8
HANOI, Oct 16 (Reuters) -Vietnam has estimated the cost of building a new railway linking it with China's Yunnan province at 179 trillion dong ($7.2 billion), state media reported on Wednesday.
The 427-km (265-mile) railway would run from the border province of Lao Cai through the capital Hanoi and port city of Haiphong to Ha Long City, the official Vietnam News Agency reported.
Vietnam has been seeking to upgrade its aging railway systems, including plans to build a high-speed railway running along the length of the country and lines linking with China, its largest trading partner.
Vietnam Railway Authority has submitted the plan to build the Lao Cai-Ha Long railway to the transport ministry for review and approval, the report said.
Construction of the railway is expected to begin in 2030, it said, adding that transportation demand along this railway link is estimated at 8.3 million passengers and 17.5 million metric tons of cargo a year by 2050.
Vietnam has approached China for technology and funding for its plans to develop railways linking the two countries, which are already connected by a system of highways and two railway lines that are old and need upgrading on the Vietnam side.
The two Asian neighbours have repeatedly showed interest in boosting rail links, and recent visits to each other's countries by their leaders often included signing of agreements on railway cooperation.
Separately, Vietnam's National Assembly at its next meeting beginning on Monday is expected to approve a $67-billion plan to build a 1,541-km high-speed railway from Hanoi to business hub Ho Chi Minh City, the country's largest ever infrastructure project.
Reporting by Khanh Vu; Editing by Jan Harvey and Emelia Sithole-Matarise
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
