13/04/2015 15:19 GMT+7 Email Print Like 0

Foreign enterprise joins Hanoi-Hai Phong railway project

Hanoi, April 13 (VNA) –The Italian-Thai Development Public Co. Ltd (ITD) and the Importcorp company (IMP) will conduct a study on a 100-kilometre railway linking the capital of Hanoi and the port city of Hai Phong.

The announcement was made at a working session recently held between the Vietnamese Ministry of Transport (MOT) and the two investors.

The 800 million-USD project, conducted under a public-private partnership, will include the creation of bond-houses, storage, infrastructure and facilities at Dinh Vu port, serving railway services.

In the first phase, a single-track railway with a standard gauge of 1.435m will be installed, with a double-track railway deployed in the next phases.

The project is expected to be implemented in the second quarter of 2017 and completed after 3 and a half years of construction.