A train runs in Ha Tinh Province in 2021. Photo by VnExpress/Duc Hung

The joint venture of Deo Ca Group and Petroleum Trading Lao Public Company has submitted a proposal to Vietnam’s the Ministry of Transport to build the railway at VND27.485 trillion (US$1.16 billion).

The railway section, called Vung An – Tan Ap – Mu Gia, will run from Vung Ang Port in Ha Tinh Province to Mu Gia, a mountain pass in the Annamite Range between Vietnam and Laos.

The line will be built under the public-private partnership format as a monorail for trains to move at the maximum speed of 150 kph to transport both passengers and freight.

The joint venture pledged to cover all the funds for studying the project and accept all the financial damages if the project’s feasibility study was not approved.

The proposed railway is part of a Vietnam - Laos railroad project, a 554-kilometer line that will connect the Laos capital Vientiane with Vung Ang Port.

The railroad has been approved by the government to be carried out before 2030.

Source: https://e.vnexpress.net/