Major capital needed for railway infrastructure

According to the Ministry of Transport (MoT), more than VND14 trillion ($611.9 million) is expected to be allocated from the State budget for investment in railway infrastructure in the 2021-2025 period, meeting 5.8 per cent of demand over the next ten years. More than VND227 trillion ($9.9 billion) will be needed for railway infrastructure in the 2026-2030 period, or 16 times higher than in 2021-2025.