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Vingroup, T&T propose to carry out railway projects in Hanoi

by VTV407 February 2018 Last updated at 15:09 PM

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Vingroup, T&T propose to carry out railway projects in Hanoi
VTV.vn - Vingroup and T&T Group have registered to take part in three urban railway projects in Hanoi. Both of them have proposed implementing projects in the build-transfer (BT) mechanism.

Vingroup registered to build metro line No. 5 and No. 2 while T&T Group will be involved in metro line No. 4. The two investors said that they would finance their own feasibility studies for the projects.

In case they do not become official investors of the projects, they would hand over their pre-feasibility and feasibility studies to the city government without any demand for payment. The government has asked Vietnam Railways and related ministries to look further into these proposals and give their opinions.