JICA Aids Multi-million Dollar Railway Project

5:41:06 PM | 5/18/2011

Construction of eight bridges along the trans-Vietnam rail route is expected to begin by mid-June, with aid from the Japanese International Cooperation Agency (JICA).
 
Vietnam Railway Corporation said the construction, worth almost JPY 4 billion (roughly $49 million ), was a major contract of a project worth over VND2.47 trillion (around $119 million) to strengthen the safety of the Hanoi-Ho Chi Minh City railway route, a national transport artery.

With a majority of the investment to come from Japanese official development assistance, the total project will help upgrade 44 rail bridges and 37.6 km of railway lines, as well as build two rail flyovers and a railway station along the trans-Vietnam rail route.

A joint venture that consists of the US-based Taisei Construction Corporation, Mitsui Engineering and Shipbuilding Company of Japan and the Transport Project Construction Corporation No. 1 of Vietnam has won the contract.
 
VIR/VNA