The Vietnam – Japan Consultancy Joint Venture (VJC) has completed a report on investment cost for construction of a Hanoi-Ho Chi Minh City high-speed railway.

Using Japanese Shinkansen technology, the 1,570km-long express route will allow trains to travel at 300km per hour. It will have a total of 27 stations, starting at Hanoi and ending at Hoa Hung. The total time from Hanoi to Ho Chi Minh City will be about five and half hours.

The project is estimated to cost up to US$55.8 billion, including US$31 billion for building infrastructure and the remainder for equipment and land clearance.

The project will be divided into four phases. According to plan, the Hanoi-Vinh and Ho Chi Minh City-Nha Trang sections will be put into operation in 2020, Vinh –Da Nang section in 2030 and Da Nang-Nha Trang section in 2035.

The VJC consists of Vietnam’s Transport Investment and Construction Consultant Joint Stock Company (TRICC) and three Japanese partners - the Japan Transportation Consultants (JTC), the Japan Railway Technical Service (JARTS) and the Nippon Koei Co. Ltd.

Source: VOV