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VIETNAM Railway project clearance need 30000 billion VND

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VIETNAM Railway project clearance need 30000 billion VND

Post  1alaskan on Fri Jun 22, 2012 7:43 pm

Railway project clearance need 30000 billion VND

. Vietnam-Japan Consulting Joint Venture (VJC) said site clearance of the North-South Railway project requires a total investment of VND30 trillion (US$1.764 billion). . .According to the VJC, as many as 4,170 hectares of land are expected to be cleared, and of which urban land accounts for 9 per cent, rural land makes up 20 per cent and agricultural and forest land accounts for 71 per cent.

It also said that around 16,500 households will be affected by the project, of those, 9,500 will lose housing land and 7,000 will lose production land. In Ho Chi Minh City alone, over 7,000 households will lose their land for the project. . .The North-South Railway will have length of 1,570 kilometres, being one of strategic projects of the Vietnam railway sector.Luong Tuan


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