Investment capital for the 54-km railway project is estimated at VND102.43 trillion (nearly $3.9 billion).

The People’s Committee of Ho Chi Minh City has approved
VinSpeed, a subsidiary of conglomerate Vingroup, as the investor of the Ben
Thanh–Can Gio railway project, with a total investment capital of approximately VND102.43
trillion (nearly $3.9 billion).

The projected 54-km railway will has a designed speed of 350 kph, and a load of 17 tons per axle.

It consists of two stations in Phase 1 (Ben Thanh Station
and Can Gio Station) and four stations in Phase 2 (to be built when needed,
including Tan Thuan, Tan My, Nha Be, and Binh Khanh Stations). It also features
one depot and one operations control center located in Can Gio commune.

The project requires a total land area of about 328ha.

Construction of the project is scheduled to start on
December 19.

VnEconomy-Phạm Hồng Vinh