Truong Hai Group ( Thaco ) has just sent a document to Prime Minister Pham Minh Chinh and Deputy Prime Minister Tran Hong Ha, proposing to participate in investing in the North-South high-speed railway project.
According to Thaco's proposal, the total investment capital of the project is about 61.35 billion USD, of which 20% is equity capital and legally mobilized domestically.
The remaining 80% of capital (about 49.08 billion USD) will be borrowed from domestic and foreign credit institutions, with the Government guaranteeing this loan and supporting interest for 30 years. The collateral is the entire project.
Mr. Tran Ba Duong's Thaco proposed the North-South high-speed railway project (Photo: VGP).
The proposed investment phase is divided into two phases.
Phase 1 is to complete construction and put the project into operation within 5 years with 2 segments handed over clean land by the State. Specifically from Ho Chi Minh City to Nha Trang and from Hanoi to Ha Tinh because these are 2 segments with large demand for passenger and cargo transportation to put into operation.
Phase 2 is the remaining section from Ha Tinh to Nha Trang station, completed in 2 years due to the complex terrain, requiring careful research time.
Thaco proposed a completion time of 7 years, proposed ticket prices for state agencies to approve on the basis of ensuring financial plans and payback time according to regulations.
Billionaire Tran Ba Duong's enterprise proposed to enjoy preferential policies such as the State separating the land clearance part into an independent project and implementing compensation, support, and resettlement. Investors are given priority in allocating land around the station for urban development according to the TOD model; exempting import tax on equipment that cannot be produced domestically; enjoying the highest level of investment incentives, in accordance with regulations...
Before Thaco, VinSpeed High-Speed Railway Investment and Development Joint Stock Company (under Vingroup) also proposed to participate in the North-South high-speed railway route.
Accordingly, VinSpeed will be responsible for arranging 20% of the total investment capital of the project, equivalent to about 12.27 billion USD. For the remaining 80% (excluding compensation costs, relocation support, and resettlement for site clearance), VinSpeed proposes to borrow State capital without interest within 35 years from the date of disbursement.
Source: https://dantri.com.vn/kinh-doanh/thaco-cua-ty-phu-tran-ba-duong-de-xuat-lam-duong-sat-cao-toc-bac-nam-20250527121521754.htm
Comment (0)