South Korean Consortium will Build Railway Line in Vietnam

South Korean Consortium will Build Railway Line in Vietnam
October 15, 2009 8:37 pm
943

A consortium of seven South Korean companies, along with state-owned Vietnam Railways, will build a $1.2bn railway track in the Vietnam capital city of Hanoi, the Ministry of Transport has announced.
The 33.5km rail line will connect the city centre with its western outskirts and also involves building an express railway line linking Nha Trang city in the central region of Vietnam to Ho Chi Minh city.

Project Properties

Work will be carried out in two phases under a build-operate-transfer contract. The companies will invest $574m for the project’s 11.3km first phase and $653m for the remaing track during the second phase. The companies involved include Samsung, Daewoo, Ska, Kumho and Kangnam, among others.

Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.
COMMENTS

This site uses Akismet to reduce spam. Learn how your comment data is processed.

No comments yet, be the first filling the form below.