The ARA hosted Austrade’s Vietnam market briefing this week, which outlined the billions of dollars of investment occurring as part of the Vietnam Rail 2021-2030 Master Plan.
The webinar, which was free for ARA members, also outlined opportunities for Australian and New Zealand suppliers, contractors and consultants to support the design and roll out of major rail projects across the country.
It also highlighted the Australian and Vietnamese governments’ recently announce comprehensive strategic partnership agreements, as well as guidance on how to do business in Vietnam.
Vietnam is investing $10.2 billion into rail upgrades and $70 billion into High Speed rail, as part of Vietnam Rail’s 2021-2030 Master Plan.
Vietnam has set an ambitious plan to revitalise the role of rail and strengthen its network to support its growing freight task and passenger numbers.