The Government of Vietnam has announced plans to conduct a study assessing the feasibility of developing two railway projects at an estimated cost of VND90 trillion.
The proposed project is a 37.5 km light rail transit (LRT) line from Thu Thiem station in Thu Duc City, Ho Chi Minh City, to Long Thanh airport. The project is estimated to cost VND40.57 trillion and will be financed under the public-private partnership (PPP) investment model.
The second project will involve the construction of a 65 km rail from Trang Bom station in Dong Nai province to the Cai Mep-Thi Vai international seaport in southern Vung Tau province which will also be financed under a PPP model.
