Premier Fan Mingzheng instructed the Ministry of Construction to urgently formulate a feasibility study report and launched the Laojie-Hanoi-Haidang Railway Project on December 19.
Recently, Prime Minister Fan Mingzheng presided over a meeting to review and continue to promote the implementation of the North-South Axis High-speed Railway Project and the Old Street-Hanoi-Haifang Railway, including the formulation, evaluation and publication of high-speed rail standards and regulations, and allocate funds for railway projects.
At the end of the meeting, Prime Minister Fan Mingzheng highly praised the efforts of various ministries and agencies to make positive progress after the August meeting. The Prime Minister said that the Ministry of Agriculture and Environment should actively implement the work related to land, forests and environment of the Old Street-Hanoi-Hai Pang Railway Project.
The Ministry of Construction was ordered to urgently formulate a feasibility study report, and will launch the Laojie-Hanoi-Haidang Railway Project on December 19; and coordinate with the Ministry of Science and Technology to complete the publication of standards and regulations in October in accordance with the law.
The Ministry of Construction should coordinate with the Ministry of Agriculture and Environment with the direction of the route, land, forests and environment, and coordinate with local governments to actively clean up the site according to Congress resolutions.
The Prime Minister also allocated instructions on the funding sources for the project, including active sources of public investment, recommended sources of loans, including funds from the Asian Infrastructure Investment Bank.
The Prime Minister emphasized the spirit of "Nothing is impossible", and required all ministries and commissions and institutions to report the assigned tasks weekly; if there are difficulties or problems, they should be solved within their means. If they exceed their authority, they will be reported to the competent department for review and decision.
It plans to invest in the Old Street-Hanoi-Hai Pang Railway Line, with a total length of more than 403 kilometers, from the Old Street to Hai Pang.
Preliminary calculations, The total investment of the project is nearly 1.95 trillion Vietnamese dong, equivalent to more than 8 billion US dollars.
