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Vietnam Approves Extra $3 Billion for Delayed China Rail Link

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Vietnam Approves Extra $3 Billion for Delayed China Rail Link Vietnam’s parliament approved raising the total investment in a railway linking the country to China by just over 86 trillion dong ($3.3 billion), as delays in land clearance push the project behind schedule. The move increases the overall cost to 289.3 trillion dong with completion due no later than 2030, according to a statement from the National Assembly on Monday.

Vietnam Approves Extra $3 Billion for Delayed China Rail Link Vietnam’s parliament approved raising the total investment in a railway linking the country to China by just over 86 trillion dong ($3.3 billion), as delays in land clearance push the project behind schedule. The move increases the overall cost to 289.3 trillion dong with completion due no later than 2030, according to a statement from the National Assembly on Monday.
Delayed China Rail Link Vietnam Approves (ORG) Delayed China Rail Link (ORG) Vietnam (LOCATION) China (LOCATION) the National Assembly (ORG)
Originally published by Bloomberg Markets Read original →