National

Railway development is an urgent issue for Vietnam

Jun 25, 2024

Hanoi [Vietnam], June 25: These are two large enterprises that are having investment and cooperation projects in Vietnam. At the meetings, the Prime Minister clearly stated Vietnam's concerns and urgent requirements for railway construction and development , in addition to renewable energy. The Prime Minister also shared his interest in investing in new gauge railways and urban railways.
The Chairman of the Board of Directors of CRRC expressed his desire to explore and expand cooperation in Vietnam, especially developing the railway system. Claiming to have many advantages not only domestically but also having projects abroad, CRRC said it can meet the needs and is ready to participate in promoting railway lines, while providing systemic solutions. system to develop modern urban railways in big cities.
The Prime Minister noted that investment needs a long-term vision to avoid the situation of being overloaded or outdated. The Prime Minister proposed that with its capacity and advantages, CRRC research and cooperate with Vietnam Railway Corporation and Vietnamese enterprises in production, transfer of technology for manufacturing locomotives and carriages, and training. human resources and capital support; embark on specific work, participate in building quality and effective railway projects, contributing to the development of the railway industry in Vietnam.
PowerChina Vice President Vuong Tieu Quan said that the group has a lot of experience in building high-speed railways, has conducted a number of studies on Vietnam's railways, and is ready to join Vietnamese partners in the process. build these projects. Regarding clean energy , Mr. Vuong emphasized his willingness to share experiences and continue to actively cooperate with Vietnamese partners.
At all meetings, the Prime Minister affirmed that the Government is committed to accompanying, supporting and creating favorable conditions for foreign businesses and investors, including Chinese businesses in particular, to invest. Operate successful, effective, mutually beneficial projects and comply with Vietnamese laws.
Source: Thanh Nien Newspaper

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