high-speed-train

Siemens Group in Southeast Asia keen on working with Ministry of Transport in project construction.

According to Deputy Minister of Transport Nguyen Ngoc Dong the government is determined to build the railway and has assigned MoT to prepare a pre-feasibility study for submission to the National Assembly.

It is necessary to clarify the project’s feasibility, economic efficiency, resources, investment phasing, and technology selection

“We are conducting research in order to complete the report by the beginning of 2018,” said Mr. Dong. “In 2020 we will start investing in the first stretch. Siemens can support us in this phase, especially as a technology consultant.”

Mr. Bruck affirmed that Siemens seeks long-term cooperation with Vietnam and has confidence in the country and ASEAN.

(Source: VN Economic Times)

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