Vietnam looks to Japan for high-speed rail plan
Published on Feb 10, 2010
Vietnam, planning to build Southeast Asia’s fi rst bullet train, will favour employing a Japanese company for the US$56 billion, according to a Bloomberg report. The Chairman and CEO of Vietnam Railways Corp, Nguyen Huu Bang, was reported saying in an interview that he believes a Japanese partner is desirable as Vietnam “is geographically similar to Japan with not enough land and too many people, and a long coastal line”. The country is planning a 1,555km Hanoi-Ho Chi Minh City high-speed line, with work due to start in 2012.
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