VTG proposed to build the urban railway of Ho Tay-Noi Bai

VTG đề nghị xây tuyến đường sắt đô thị Hồ Tây-Nội Bài

Hanoi is proposing that the Government approve the guidelines for seven urban railways urban projects. Recently, Vision Transportation Group (VTG) proposed adding a completely new railway linking West Lake with Noi Bai Airport.

Richard Courey, President and CEO of VTG Group, made the suggestion in the meeting with Deputy PM Trinh Dinh Dung in Hanoi on 22 November.

The Chairman of VTG Group works with the Deputy Prime Minister on the project of Ho Tay-Noi Bai urban railway.(Photo: chinhphu.vn)

Accordingly, VTG has conducted research and proposals with the city of Hanoi, the Government, relevant ministries to implement the project of urban railway No. 2 connecting Noi Bai airport with the West Lake in the form of public-private partnership (PPP).

Mr Courey said VTG’s research shows that this will be a viable urban railroad in terms of technology and return on investment, ensuring the benefits for investors and the city.

The Group has also provided preliminary reports on ideas, methods, technology, investment progress and some proposals related to the feasibility of the project.
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Head of VTG hopes that with the experience and prestige of businesses in Canada and other countries, the company has sufficient expertise and finance to successfully implement the project, meeting the requirements of the Prime. cover.

Deputy PM Trinh Dinh Dung asked VTG to work specifically with Hanoi, relevant ministries before submitting to the Government. The Government’s view is that the willingness of potential international partners to invest in infrastructure projects in Vietnam is appreciated. He also urged VTG to invest in other infrastructure projects such as the North-South high-speed railway that is seeking investment by the National Assembly in 2019.

 

(source: Ashui.com)

According to the planning of Hanoi urban railway to 2030, the city will build 10 railways with a total length of 417.8 km. Of which there are 342.2 km of viaduct; 75,6km underground. Total investment is estimated at $ 40.05 billion divided into three phases from 2017 to 2031. However, only the 2A (Cat Linh-Ha Dong) Line is using ODA from Japan and the contractor. China has completed the trial run, but the official operating time has been delayed until early 2018. Other projects such as Nhon Nhan Ha are still under construction, Nam Thang Long-Tran Duy Hung, Ngoc Hoi- Yen Vien, Tran Hung Dao- Thuong Dinh … are at the level of making pre-feasibility or feasibility report.

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(TBKTSG)