Revealing the location of the Railway Industrial Complex Investment Project

A train car building and repair facility of Vietnam Railway Corporation.

A facility for building and repairing train cars of Vietnam Railway Corporation .

The Hanoi People's Committee has just sent an official dispatch to the Prime Minister proposing the location, scale, and boundaries of the Railway Industrial Complex Investment Project in the southern area of Hanoi.

Accordingly, the Hanoi People's Committee proposed that the Head of Government approve the location of the Railway Industrial Complex Investment Project in the South of Hanoi City in the area of Chuyen My and Ung Hoa communes, Hanoi City with a scale of about 250 hectares (the exact scale and boundaries will be determined in the next steps).

The Hanoi People's Committee also proposed that the Prime Minister allow updating and integrating the Railway Industrial Complex planning into related planning: Hanoi Capital Planning for the period 2021 - 2030, vision to 2050, Adjustment of the Hanoi Capital Master Plan to 2045, vision to 2065, in accordance with the provisions of Article 22 and Clause 5, Article 38 of the Railway Law dated June 27, 2025 (belonging to Section 2, Section 3, Chapter II, effective from July 1, 2025).

Previously, Vietnam Railway Corporation proposed to competent authorities to consider and submit to competent authorities for approval the investment policy of the Railway Industrial Complex Construction Project.

According to the proposal, the Railway Industrial Complex will be a multifunctional complex including: a factory for manufacturing and assembling vehicles - equipment - spare parts; a research center; a repair and maintenance center; infrastructure connection with the national railway line and auxiliary works.

The preliminary total investment of the Railway Industrial Complex Construction Project is 17,509 billion VND, of which public investment capital will be used to build a railway line connecting to the national railway, technical infrastructure, R&D center and other items supported by the State; additional state capital to the enterprise will be used to invest in the construction of an assembly plant and related items; at the same time, calling for investors to participate and cooperate in business.

If approved by competent authorities, the Railway Industrial Complex Construction Project will prepare for investment within 1 year; construction will be implemented within 3 years to complete phase 1 in 2029.

It is estimated that the revenue that this Complex will bring from 2030 to 2050 is about 228,102 billion VND; the average annual profit is 1,141 billion VND, thereby helping the Project to recover capital in 16 years.

Vietnam Railway Corporation said that the Group aims to produce domestically and gradually localize hardware and software components for information, signals and power supply systems; master all operations and maintenance work and gradually produce some components and spare parts for high-speed railways; receive technology transfer, invest in machinery and equipment and produce locomotives and carriages for national railways with speeds of less than 200 km/h, and purchase designs and manufacture for urban railways.

The project will also build functional zones to carry out major repairs to all railway equipment, first of all national railways and urban railways.

Specifically, for urban railway lines and new railway lines, in the first phase (from 2029 to 2031), this Railway Industrial Complex will assemble electric locomotives and clean energy locomotives; produce passenger cars for railways with speeds under 160 km/h; assemble distributed electric power train units (EMUs) for urban railways; and produce freight cars with speeds of 120 km/h for the Lao Cai - Hanoi - Hai Phong railway line.

In the next phase (from 2032 to 2035), the Group aims to master the production of passenger cars and freight cars with speeds under 160 km/h; assemble electric locomotives, gradually increasing the localization rate to 30%; produce spare parts for vehicle repair, infrastructure accessories, signal information, etc.

For the high-speed railway on the North-South axis, the Group will participate in assembling EMU trains under a procurement and technology transfer contract. By 2035, it will master the assembly technology and gradually increase the localization rate to 20%.

The final destination is by 2040 - 2050, the Group strives to achieve 80% localization for EMU trains and produce spare parts and materials to serve the exploitation and operation of the high-speed railway on the North - South axis.

Source: https://baodautu.vn/he-lo-dia-diem-thuc-hien-du-an-dau-tu-xay-dung-to-hop-cong-nghiep-duong-sat-d325478.html