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Another 'tycoon' wants to build a 100 billion USD high-speed railway, free tickets for 6 months

The Mekolor & Great USA investment alliance proposed to participate in investing in the development of the North-South high-speed railway project in the form of direct investment with its own capital of 100 billion USD.

Báo Hải DươngBáo Hải Dương08/06/2025

high speed rail
Illustration of high-speed rail projects around the world

The investment alliance Mekolor (Vietnam) and Great USA (USA) have just sent an official dispatch to Prime Minister Pham Minh Chinh and Deputy Prime Minister Tran Hong Ha proposing to invest in the North-South high-speed railway project.

The Mekolor & Great USA Investment Alliance proposed to participate in the development of the North-South high-speed railway project in the form of direct investment with its own capital.

Specifically, the Investment Union acts as a direct investor (or other form of investment designated by the State) to implement the North-South high-speed railway project in accordance with the provisions of the Investment Law.

The investment capital is 100 billion USD, including about 10 billion USD for post-construction operation and 10 billion USD for compensation and resettlement support...

100% of the capital is self-arranged by the Mekolor & Great USA Investment Alliance and proves sufficient cash resources, ensuring 100% for smooth project implementation (100 billion USD from investment funds of Great Core Fund and Mekolor Capital - part of the Mekolor & Great USA ecosystem)

Accordingly, the Mekolor & Great USA Investment Alliance does not request any special privileges from the Government , including counterpart funding or financial guarantees to implement the project.

“We will comply with and be closely supervised by the State to implement and complete the project in accordance with international standards on high-speed railway projects and Vietnamese laws,” the alliance emphasized, while making a series of commitments.

In particular, the commitment is to complete and put the North-South high-speed railway project into operation after 5 years from the date of handover of the cleared site. The proposed project exploitation period is within 49 years.

Committed to spending 10 billion USD from self-arranged capital to coordinate and accompany the State in compensation and resettlement support for people to have clean land to implement the Project as quickly as possible.

Committed to accompanying ministries, departments and sectors in deciding to choose strategic partners with modern technology, energy saving, carbon emission reduction, meeting global ESG standards. Committed to projects with durability, advanced construction and operation techniques, the safest and most suitable for world development trends.

Committed to closely cooperating with partners as well as bearing all costs to receive comprehensive technology transfer, thereby mastering the technology of receiving, operating, transporting and developing the railway industry from equipment manufacturing, operation, management... This is to ensure synchronization and unity of technology, international and Vietnamese standards, proactive in all stages of operation, repair, maintenance...

Committed to using 95% of human resources and project operation team as Vietnamese. At the same time, the Investment Alliance affirmed that it will cooperate with domestic contractors and production partners who meet the conditions and technical standards as prescribed to supply components for the project.

Committed to closely coordinating with authorities in unifying the mechanism to regulate prices in a transparent manner, with independent audits. Committed to 100% free ticket prices for 6 months for all people participating in transportation by North-South high-speed railway.

Mekolor & Great USA Investment Alliance would like to enjoy special preferential policies on investment and tax when importing machinery, equipment, railway vehicles, etc. to serve the project.

The investment alliance also proposed expanding cooperation, exploiting land funds and urbanization along the North-South high-speed railway to deploy investments to create more high-quality adjacent ecosystems.

Mekolor introduces itself as a private organization founded in Vietnam, operating as an "economic innovation brain" with the mission: Developing humane economic models, not dependent on debt; Combining blockchain technology with labor value to redefine the concepts of "credit" and "asset".

In 2021, the company caused a stir when it planned to hold an online international press conference to accuse a bank of misappropriating 10 billion Euros. However, the Can Tho Department of Information and Communications did not agree to let the press conference take place.

This company also sued a British company for compensation of 20 billion Euros (EUR).

With GREAT USA Inc, this document introduces that this is a business established in Florida (USA), a legal entity representing the entire Great Network ecosystem in the US and international markets. GREAT USA Inc is responsible for issuing and operating stablecoupons such as USDG (tied to USD) and EURG; Connecting international capital from investment funds, governments and ESG (Environmental - Social - Governance) partners; Coordinating data systems - smart contracts - asset distribution globally. With legal capacity in the United States and a network of international partners, GREAT USA Inc acts as a liquidity gateway, auditing and connecting cross-border capital for the entire Great Network.

VN (according to Vietnamnet)

Source: https://baohaiduong.vn/them-dai-gia-muon-lam-duong-sat-toc-do-cao-100-ty-usd-mien-phi-ve-6-thang-413521.html


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