The proposed Ho Chi Minh City – Can Tho City high speed rail (HSR) project will require a total investment of USD9 billion. The Railway Project Management Board has recently concluded its feasibility study for the rail projects and has reported the results to the Ministry of Transport. However, this is the initial capital estimation and might be updated during further studies depending on the type of technology proposed for the line.
The HSR will be developed under a public-private partnership (PPP) model, with the Government of Vietnam bearing the land acquisition costs. Investment procedures are scheduled to be completed before 2025 with construction starting by 2030.
The HSR line will span 175 km and will have 15 stations. The line will connect Bình Duong Province with Can Tho City while passing through HCMC, Long An, Tien Giang and Vinh Long provinces. Once operational, the HSR will reduce travel time between HCM City and Can Tho from the current three hours to just 45 minutes.