A tunnel project is built on the national highway system in central Vietnam section. Deo Ca Group has proposed a plan on the development of Da Nang-Hoi An urban railway traffic systems. (Photo courtesy of Deo Ca Group)
The project, backed by a strong public-private partnership, promises to put the region firmly on the map for modern transport innovation.
Vice Chairman of the group Le Quynh Mai unveiled the plan during a working session with the Da Nang People's Committee, stressing that construction will begin once the project receives official approval.
The urban traffic route, designed with Transit Oriented Development (TOD) in mind, will be developed through a joint venture of key investors including Kita Group, Futa Group, China Design Group, CRRC Chongqing, Arup, A2Z and Kim Long Motors, with financial support from the two private banks – VPBank and TPBank.
Mai added the plan includes expanding the network to link Tam Ky, Chu Lai and regional traffic systems beyond 2030.
Vice Chairman of the municipal People's Committee Le Quang Nam said the plan would be reviewed to select qualified tenders.
Earlier, the city held a session with Thaco Group on urban railway routes connecting Da Nang, Tam Ky, and Chu Lai.
Da Nang is seeking investment for 11 Light Rail Transit (LRT) lines, three tourism LRT routes and two Mass Rapid Transit (MRT) systems to support future traffic and tourism growth.
Two initial urban rail routes covering 24km are planned for completion by 2030.
The system will reduce travel time from Da Nang to Hoi An (30km) to 20 minutes, and to the industrial Chu Lai zone (90km) to 40 minutes. /.
