Objective
The $8 billion Lao Cai-Hanoi-Haiphong railway is set to transform Vietnam's transport landscape, creating a $4.4 billion construction market and generating around 90,000 jobs during its development phase. Description
The Lao Cai-Hanoi-Haiphong railway will be a standard gauge and is a key component of Vietnam’s transportation strategy, supported by diverse government resolutions such as Resolution No. 29-NQ/TW, which calls for early investment in railways connecting economic zones, industrial parks, airports, and seaports.