Hanoi: The selection of investment models for rail projects must be conducted openly, ensuring the greatest possible benefit for the State, the people, and businesses, and meeting the requirements for the development of the railway sector, directed by Prime Minister Pham Minh Chinh at a meeting of permanent Government members in Hanoi on December 23. The event aimed to review and address bottlenecks in the investment and construction of the Lao Cai-Hanoi-Hai Phong railway, the North-South high-speed railway, and urban railway projects in Hanoi and Ho Chi Minh City.

According to Vietnam News Agency, the meeting highlighted the government’s focus on transparency and openness in selecting investment models for railway projects. Prime Minister Chinh emphasized that these principles are essential to ensure that projects deliver maximum benefits to all stakeholders, including the State, citizens, and businesses involved in the railway sector.

The discussion also included addressing existing challenges in the development of major railway projects such as the Lao Cai-Hanoi-Hai Phong railway and the North-South high-speed railway. The urban railway projects in Hanoi and Ho Chi Minh City were also reviewed to identify and mitigate any roadblocks in their construction and investment phases.