Two Chinese firms have submitted a feasibility study for building a rail route in Vietnam linking southern hub Ho Chi Minh City with Binh Phuoc to its northwest.
The China Railway Construction Corporation and the China Machinery Import and Export Corporation have forged a partnership for the project.
The study for the 128.5-km route to the Vietnam-Cambodia border has been submitted to Vietnam’s Transport Ministry.
It is estimated to cost US$438 million.
The track will allow passenger trains to run at up to 120 km per hour.
Construction is scheduled to start in 2010 or earlier if funding is secured.
The route will be part of the 5,500-km Trans-Asia railway beginning in Kunming in China’s Yunnan province, and traveling through Laos, Myanmar, Thailand, Vietnam, Cambodia, and Malaysia before terminating in Singapore.
The project, initiated by Malaysia in 1995, is expected to be completed in 2015.
Tuesday, June 12, 2007
Chinese firms study rail route from HCMC to Cambodia border
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