Plans to restore Vietnam’s iconic cog railway for over $1.2 bln

By Nguyen Thuy
Wed, January 4, 2023 | 4:31 pm GMT+7

A private Vietnamese company has proposed a public-private partnership (PPP) that would cost nearly VND29 trillion ($1.23 billion) to restore the Thap Cham-Dalat railroad, the only cog railway in Vietnam built before 1975.

The 84-km line is a unique feature of Vietnam’s railroad history because globally, the only remaining operating cog railway is in Switzerland. A cog railway, or rack railway, is a steep-grade railway with a toothed rack rail between the running tracks.

A tourist train at Dalat Station in Lam Dong province, Vietnam's Central Highlands. Photo courtesy of Vietnam Architecture magazine.

A tourist train at Dalat Station in Lam Dong province, Vietnam's Central Highlands. Photo courtesy of Vietnam Architecture magazine.

Bach Dang Hotel Complex, Trading, and Service JSC, based in the central coastal city of Danang, has proposed the mammoth restoration project more than four decades after the iconic line was abandoned due to a lack of fuel after 1975.

The Ministry of Transport is looking at the firm’s proposal, and an investment decision will be made by the Prime Minister’s office.

One end of the project would be Thap Cham Station in the south-central province of Ninh Thuan, which is also part of the national North-South railway network. The other end would be Dalat Station, designed in 1932 by two French architects named Moncet and Reveron. It opened in 1938, becoming Indochina’s most beautiful railway station, and now serves as a tourist destination popular among both Vietnamese and foreign travelers.

In the proposal by Bach Dang JSC, the project would be completed in 2029, with a test run period expected for December of that year.

In terms of cost and financing, the estimated price tag (not including interest on loans to finance the project) would be VND24.9 trillion ($1.06 billion). Of this, nearly VND2.2 trillion ($93.52 million) would come from the state budget for site clearance, while the investor would contribute over VND26.8 trillion ($1.14 billion), or 92.54%.

The investor’s proposal is that preparations for the project, completing the feasibility report, and getting government approval are expected to be completed by December 2024. From January 2025 to June 2029, the design of the project, site clearance, construction, and the purchase of rolling stock and carriages would be completed.

Dalat Railway Station in Dalat town, Lam Dong province. Photo courtesy of Vietnam Architecture magazine.

Dalat Railway Station in Dalat town, Lam Dong province. Photo courtesy of Vietnam Architecture magazine.

Dalat, which used to be called a "Little Paris" in Vietnam by the French, is the capital of the Central Highland province of Lam Dong. The highland town, about 1,500 meters above sea level, is one of Vietnam’s most popular tourist destinations.

Located in the highland province, Dalat Railway Station incorporates the high, pointed roofs of the communal buildings of Vietnam’s Central Highlands. Its three gables represent an art deco version of Normandy's Trouville-Deauville Station.

In 2015, the Vietnamese government approved comprehensive planning for Vietnam’s railway transport development until 2020 with a vision to 2030, including the restoration of the Thap Cham-Dalat railway.

Comments (0)
  • Read More
Indonesia decides to join BRICS New Development Bank

Indonesia decides to join BRICS New Development Bank

Indonesian President Prabowo Subianto has announced the Government's decision to become a member of the New Development Bank (NDB), a multilateral development bank established by the five founding member states of the BRICS group.

Southeast Asia - Wed, March 26, 2025 | 9:57 pm GMT+7

Major Vietnamese broker SHS to double charter capital

Major Vietnamese broker SHS to double charter capital

Saigon-Hanoi Securities Corporation (SHS) plans to issue 894 million shares to increase its charter capital from VND8.13 trillion to VND17.07 trillion ($667.6 million), making it one of the top three securities firms in term of charter capital.

Companies - Wed, March 26, 2025 | 8:30 pm GMT+7

Elon Musk company okayed to pilot Starlink satellite internet service in Vietnam

Elon Musk company okayed to pilot Starlink satellite internet service in Vietnam

Vietnam has allowed the U.S.'s SpaceX to pilot Starlink low-orbit satellite internet service in the country on a pilot basis until January 1, 2031.

Industries - Wed, March 26, 2025 | 5:18 pm GMT+7

Danish toymaker Lego to open $1.3 bln Vietnam plant next month

Danish toymaker Lego to open $1.3 bln Vietnam plant next month

Denmark's Lego will officially open its factory in VSIP III Industrial Park in Vietnam's southern province of Binh Duong on April 9.

Industries - Wed, March 26, 2025 | 4:18 pm GMT+7

Top Singaporean firms earn high incomes in Vietnam

Top Singaporean firms earn high incomes in Vietnam

Singapore is the second-biggest foreign investor in Vietnam, with over $84 billion in registered investment capital as of end-January and many prominent investors raking in high incomes.

Companies - Wed, March 26, 2025 | 3:45 pm GMT+7

Vietnam, Singapore ink significant deals in Hanoi

Vietnam, Singapore ink significant deals in Hanoi

Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong on Wednesday witnessed the signing of many cooperation deals between agencies and enterprises of the two countries.

Economy - Wed, March 26, 2025 | 2:51 pm GMT+7

Vietnam's major policies are reshaping economic development

Vietnam's major policies are reshaping economic development

Major policies are reshaping Vietnam's approach to economic development, which focuses on science, technology, and private enterprises, said a leader at the Vietnam Chamber of Commerce and Industry (VCCI).

Economy - Wed, March 26, 2025 | 12:11 pm GMT+7

PM okays over $10 bln urban area project in central Vietnam

PM okays over $10 bln urban area project in central Vietnam

The over VND260.3 trillion ($10.16 billion) Cam Lam New Urban Area project in the south-central province of Khanh Hoa has received in-principle approval from Prime Minister Pham Minh Chinh.

Real Estate - Wed, March 26, 2025 | 8:58 am GMT+7

S Korea's KIM Fund raises stake in Vietnam's marine transportation firm VIPCO

S Korea's KIM Fund raises stake in Vietnam's marine transportation firm VIPCO

South Korea’s KIM Fund has increased its stake in Hai Phong city-based Vietnam Petroleum Transport JSC (VIPCO, HoSE: VIP) to 2.73%, making it the latter’s second-largest shareholder.

Companies - Wed, March 26, 2025 | 8:30 am GMT+7

Vietnam, Singapore seek cooperation chances in semiconductor industry

Vietnam, Singapore seek cooperation chances in semiconductor industry

The Vietnam Trade Office in Singapore, in collaboration with the Singapore Semiconductor Industry Association (SSIA), organized a hybrid seminar on Monday to introduce Vietnam's potential, advantages, and development strategies for the semiconductor industry.

Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7

OV intellectuals in UK suggest blueprint for Vietnam’s int’l financial hub ambition

OV intellectuals in UK suggest blueprint for Vietnam’s int’l financial hub ambition

Vietnam can rise as a major international financial centre, both regionally and globally, with a strategic vision that highlights transparency, a skilled workforce, modern infrastructure, robust financial markets, and strong international branding, the Vietnam Intellectual Society in the UK and Ireland (VIS) told visiting Vietnamese Permanent Deputy Prime Minister Nguyen Hoa Binh in a recent meeting.

Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7

Vietnam Deputy PM discusses financial center development with ECB

Vietnam Deputy PM discusses financial center development with ECB

Vietnam's Standing Deputy Prime Minister Nguyen Hoa Binh on Monday met with representatives of the European Central Bank (ECB) to discuss plans for the establishment of financial centers in Vietnam, as part of his working visit to Germany – the final stop in his European tour.

Southeast Asia - Tue, March 25, 2025 | 10:52 pm GMT+7

Indonesia keeps commitment on energy transition

Indonesia keeps commitment on energy transition

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto on Monday affirmed that the U.S. decision to pull out of the Just Energy Transition Partnership (JETP) will not impact the other partners' commitment to it.

Southeast Asia - Tue, March 25, 2025 | 10:35 pm GMT+7

Malaysia’s electric vehicle sales surge

Malaysia’s electric vehicle sales surge

Malaysia’s automotive industry is gaining momentum, with electric vehicle (EV) sales soaring over the past two years and continuing to rise in 2025, driven by both domestic and international manufacturers.

Southeast Asia - Tue, March 25, 2025 | 10:23 pm GMT+7

Japan turns to Vietnam, Indonesia to tackle truck driver shortage

Japan turns to Vietnam, Indonesia to tackle truck driver shortage

Logistics and transportation companies in Japan have begun recruiting foreign nationals as drivers now that their industries qualify for a special employment visa amid a severe labor shortage.

Southeast Asia - Tue, March 25, 2025 | 10:19 pm GMT+7

Malaysia expected to achieve economic growth of 4.5-5.5% in 2025

Malaysia expected to achieve economic growth of 4.5-5.5% in 2025

The Malaysian economy is projected to expand between 4.5% and 5.5% in 2025, underpinned by resilient domestic demand and ongoing investment activity, despite external uncertainties, according to the country’s central bank Bank Negara Malaysia (BNM).

Southeast Asia - Tue, March 25, 2025 | 10:10 pm GMT+7