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Update news vietnam's railway transport
A total of 16,377ha of land will be used for railway projects in the period through 2030, an increase of 5,644ha compared to today.
Many foreign investors have expressed their interest in railway projects of Vietnam amid the Ministry of Transport (MoT)’s efforts to attract private and foreign investment in railway infrastructure.
As Vietnam aims to build the longest flower path of its kind in the country, many experts and residents have applauded the plan as a potential tourist draw, though concerns over railway safety have also been raised.
The Vietnam Railways Corporation (VNR) and its affiliated companies will focus on core business operations and have solutions to handle less effective projects in the coming time.
Foreign investors are being urged to explore funding railway lines linking seaports as part of the country’s railway development plan – despite high costs, few successful projects, and a lengthy period to see returns.