PM gives green light to strategy to 2020 and vision to 2050.
The Prime Minister has approved a railway development strategy to 2020 and vision to 2050.
The transport sector will focus on upgrading existing railway lines, modernizing the North-South line to raise speeds to 80-90km/h for passenger trains and 50-60km/h for freight trains.
The railway sector will exploit the entire Yen Vien - Pha Lai - Ha Long - Cai Lan line. It will also research the building of new lines such as Hanoi - Hai Phong, Hanoi - Dong Dang, Bien Hoa - Vung Tau, Ho Chi Minh City - Can Tho, Hai Phong - Lach Huyen, and other lines connecting seaports and industrial zones.
In the 2020-2030 period the transport sector is to effectively exploit existing railway lines and eliminate level crossings. It will also focus on building new high-speed railway lines, with speeds of 160km/h to less than 200km/h, and double the gauge to 1.435mm. Electrification and infrastructure will also be developed, so that high-speed trains of 350km/h can be put into use in the future.
It is estimated that by 2050 a high-speed double track line connecting the north and the south of the country will be completed. The railway network will also be modernized by that time to meet passenger and freight demand, and the central highlands railway line will be completed, as will the Trans-Asia railway line and lines connecting industrial zones and major seaports.
Under the strategy the railway sector is expected to have a market share of 5 to 8 per cent in passenger transport and 5 to 6 per cent in freight transport. It will also meet more than 30 per cent of urban passenger transport in Hanoi and Ho Chi Minh City.