The Ministry of Transport is conducting a new feasibility study for the
construction of North-South Express Railway, with a focus on two
initial sections – Hanoi - Vinh and HCM City - Nha Trang. The
study has been initiated after the National Assembly last June rejected
the complete 1,570km North-South Express Railway project, saying the
cost of 55.85 billion USD was prohibitive.
"We have to
build an express railway, but every step of the construction will be
studied carefully and properly and we are conducting a new feasibility
study for that," said Transport Minister Ho Nghia Dung.
He
told the Sai Gon Giai Phong (Liberated Sai Gon) newspaper that the
study would define clearly the technology to be used, capital
mobilisation, project process and construction duration as required by
the National Assembly.
Dung estimated the study would take
two to three years to complete and would include an investigation into
the country's resources and capacities for starting a new project before
submitting it to the parliament for approval.
The
ministry had no intention to replace the express railway project with
one that expands the existing railway system to 1.45m from the current
1m as suggested by a few NA deputies and citizens, he said.
Dung said an expansion would require that the whole railway system stop working.
He said that when the country's express railway system was completed,
it would connect with other systems in the region, like China 's
Kunming province./.