Projects
In 2008, the Ho Chi Minh City government approved construction of a subway rail system, eventually to comprise four lines, the first to be completed by 2013.
There is a long-term plan to build a completely new standard-gauge line to connect the two main cities. New international routes to Phnom Penh and thus via Bangkok to Singapore are also under consideration. A parliamentary resolution of 2005 proposed that foreign investors be invited to invest in Vietnam Railways. On 9/11/08 the Cambodian Ministry of Transportation announced a new railway line with the total length of 257 km will connect Phnom Penh with Loc Ninh (Binh Phuoc province), Vietnam. This 550 – million – dollar project has been carefully investigated by Chinese experts and is about to be carried out in the near future. Vietnam is extending its network to Loc Ninh. In August 2010, the government announced plans to build two sections of standard-gauge railway, from Hanoi to Vinh and from Ho Chi Minh City to Nha Trang.
Although on the face of things the possibility of a good return might appear small, there are precedents: the lines into China have benefited from Chinese investment and, more recently, Japanese investment was spent on the Hai Van Tunnel project, a new road tunnel alongside the north-south rail line near Da Nang.
At a more local level, the picturesque hill town and resort of Đà Lạt was once connected by a scenic little rack railway to the main north-south line at Thap Cham. Although there is now little visible trace of the trackbed in the green and fertile landscape, local businesses have secured a promise of government funding for its reinstatement, to benefit tourism in the area. Currently, the only railway at Đà Lạt is an 8 km remnant from the old railway connection that runs from Đà Lạt station to the nearby village of Trại Mát. This is run as a tourist attraction.
Other projects likely to receive foreign money are proposed light rail systems within Hanoi.
Read more about this topic: Vietnam Railways
Famous quotes containing the word projects:
“But look what we have built ... low-income projects that become worse centers of delinquency, vandalism and general social hopelessness than the slums they were supposed to replace.... Cultural centers that are unable to support a good bookstore. Civic centers that are avoided by everyone but bums.... Promenades that go from no place to nowhere and have no promenaders. Expressways that eviscerate great cities. This is not the rebuilding of cities. This is the sacking of cities.”
—Jane Jacobs (b. 1916)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)