Addressing the ceremony on March 24, Deputy Minister of Transport and Communications Le Manh Hung said that the project will help the railway sector to increase train speeds and improve safety, through its access to the latest technology and railway management solutions. 

More than VND2.4 trillion of the VND3.5 trillion project is sourced from the Chinese Government’s preferential credits. The project includes upgrading Hanoi-Lao Cai, Hanoi-Dong Dang, Hanoi-Thai Nguyen and other railway lines as well as building a cable transmission system, a signal control system and train monitoring staff.

The first phase of the project, worth VND2.2 trillion, is expected to be completed in 2013.

Vietnam Plus