Travelling by railway from Hanoi to the northwest province of Lao Cainow takes 40 less minutes than it used to, thanks to a project onupgrading the Yen Vien-Lao Cai railway, which had the first phasecompleted on April 25.
Over 166 million USD hasbeen poured into the project’s first phase, which improved 184kilometres of railway, built 10 new bridges and upgraded 43 existingones, among others.
The investment includes 60million USD sourced from official development assistance loans of theAsian Development Bank, 32 million EUR from the French Agency forDevelopment (AFD) and 31 million EUR from the French Office of theTreasurer and Receiver General (DGTresor).
Speaking at a ceremony to mark the completion of the upgrading in YenBai northern province, Transport Deputy Minister Nguyen Ngoc Dong saidthe 285km railway from Yen Vien (Hanoi) through Yen Bai to Lao Caiprovince is an important part of the western railway line as well as thetransport corridor connecting Hai Phong City (Vietnam) and Kunming(China).
“The railway will facilitate tradebetween the northwest region and Chinese Yunnan province through cuttingtransport cost, improving traffic safety and increasing railwaytransport capacity to meet future demand,” he said.
The second phase of the project will raise the transport capacity onthe route to 5 million passengers and 7.5 million tonnes of goods peryear, while travelling time will be reduced by 90 minutes.-VNA
Over 166 million USD hasbeen poured into the project’s first phase, which improved 184kilometres of railway, built 10 new bridges and upgraded 43 existingones, among others.
The investment includes 60million USD sourced from official development assistance loans of theAsian Development Bank, 32 million EUR from the French Agency forDevelopment (AFD) and 31 million EUR from the French Office of theTreasurer and Receiver General (DGTresor).
Speaking at a ceremony to mark the completion of the upgrading in YenBai northern province, Transport Deputy Minister Nguyen Ngoc Dong saidthe 285km railway from Yen Vien (Hanoi) through Yen Bai to Lao Caiprovince is an important part of the western railway line as well as thetransport corridor connecting Hai Phong City (Vietnam) and Kunming(China).
“The railway will facilitate tradebetween the northwest region and Chinese Yunnan province through cuttingtransport cost, improving traffic safety and increasing railwaytransport capacity to meet future demand,” he said.
The second phase of the project will raise the transport capacity onthe route to 5 million passengers and 7.5 million tonnes of goods peryear, while travelling time will be reduced by 90 minutes.-VNA
