North-South high-speed railway
The Politburo will decide on the development of a North-South high-speed railway in September, which was previously turned down by the National Assembly in 2010.
Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to propose a feasible plan for the North-South high-speed railway, considering this the backbone of the national strategy on railway development by 2050.
The Ministry of Transport will prioritise investment in building expressways in 2020 to improve connection between economic centres, regions, and industrial parks, as well as ensure traffic safety, Minister Nguyen Van The said.
The tentative total investment for the North-South high-speed railway, according to the Ministry of Planning and Investment, is about $26 billion, $32.7 billion less than the previous proposal by the Ministry of Transport.