Nhan Dan - The Prime Minister has just a plan to mobilise nearly US$15 billion for urban railway projects in Hanoi and Ho Chi Minh City by 2020.
The Hanoi railway project will include construction of elevated railways, subʰay, national and urban railways in Hanoi. Total investment for this project is estimated at US$7.35 billion. Of this amount, over US$5.5 billion comes as foreign capital and US$1.8 billion is from domestic sources.
The Ho Chi Minh City railway project has a total estimated investment capital of US$7.5 billion, with US$6.3 billion being sourced from foreign funds and US$1.2 billion comes from domestic sources.
The Prime Minister requested that relevant agencies accelerate preparations to carry out the projects as scheduled.
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