The Ministry of Transport and Communications has just submitted to the Prime Minister a plan to improve the railway’s international intermodal transport capacities by 2030.
The main objective is to increase the production of goods imported and exported by rail from 1.1 million tons in 2021 to 4-5 million tons in 2030, including goods via the North-South line and Hanoi- Dông Dang reaching 3 million tons/year; and that of Hai Phong – Yên Viên – Lào Cai, 1.5 million tons/year.
|The Vietnamese railway system has 14 stations with international intermodal transport needs.|
The Ministry of Transport and Communications has proposed to the government to instruct the State Fund Management Committee in enterprises to order the Vietnam General Railway Company to review and plan the investment in equipment, including qualified locomotives and wagons, to meet the needs of international intermodal freight transport.
Regarding the investment fund, according to the Ministry of Transport and Communications, the investment process will be divided into two phases. For the first, between 2022 and 2025, the ministry will mobilize about 3,500 billion VND (140 million USD) from the budget to modernize seven international intermodal railway stations which are Dông Dang, Lào Cai, Kep, Vât Cach, Kim Liên, Diêu Tri and Song Than.
Currently, the Vietnamese railway system has 14 stations with international intermodal transport needs.