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Update news railway project
The tentative total investment for the North-South high-speed railway, according to the Ministry of Planning and Investment, is about $26 billion, $32.7 billion less than the previous proposal by the Ministry of Transport.
VietNamNet Bridge – The Ministry of Transport wants to secure investment from the private sector to complete the Yen Vien – Cai Lan Railway project, which connects Yen Vien Station in Hanoi with Cai Lan Station
The Ministry of Transport has proposed that the government invite investment from the private sector to complete the Yen Vien-Ha Long-Cai Lan railway project.
Senior officials of Japan and Vietnam met in Hanoi on Tuesday morning, three weeks after Japan announced that it would cancel ODA disbursement for railway projects in Vietnam that were believed to be involved in corruption.
VietNamNet Bridge – The Ministry of Construction (MOC) has insisted that the investor, design consultant, project planner and EPC contractor must accept responsibility for the projected cost overruns of the Cat Linh-Ha Dong railway project.
VietNamNet Bridge - On Friday, Minister of Transport Dinh La Thang suspended the Head of the Vietnam Railway Administration for his statements related to the Cat Linh-Ha Dong urban railway project.
VietNamNet Bridge – A proposal made by the Chinese contractor in the Cat Linh-Ha Dong railway project has been denounced by experts as “illegal” and “unacceptable”.
The first meeting of Joint Vietnam-Japan Committee will be held in Hanoi on April 3 in a bid to clarify issues related to bribery allegations against Japanese railway consultancy firm JTC.
VietNamNet Bridge - In addition to the establishment of an inspection team to verify the bribery allegations, the Ministry of Transport has set up a hotline for receiving information concerning this case.
Deputy Minister of Transport – Mr. Nguyen Ngoc Dong is going to Japan today to clarify claims that an executive of the Japan Transportation Consultants, Inc. bribed Vietnamese officials with 80 million Japanese yen in return for an ODA project.
The Ministry of Transport has suspended two depugy general directors of the Vietnam Railway Corporation to verify claims that an executive of the Japan Transportation Consultants Inc. bribed Vietnamese transport officials with $800,000.