MOSCOW, Sept. 7 (Xinhua) -- Russia's state railway monopoly Russian Railways (RZD) and a group of Vietnamese investors led by Lung Lo Construction Corporation have signed a partnership agreement on building a light rail transit (LRT) line in Vietnam, RZD said Friday.
The Tan Tao-Linh Dong line will connect the Long Thang International Airport in Ho Chi Minh City and Dong Nai Province, it said in a statement.
According to the document, RZD International L.L.C., an RZD subsidiary, will undertake expert support of the project and prepare a feasibility study for the construction of the line "on the basis of the best Russian and world practices."
The deal is a continuation of the memorandum of understanding on joint studying and implementation of infrastructure projects in the field of railway transport in Vietnam signed between RZD International and Lung Lo Construction Corporation in September 2017, the statement said.
In April 2015, RZD and the state-owned company Vietnam Railways signed an agreement providing for cooperation in several areas, including logistics, infrastructure projects, interaction within international organizations and the exchange of experience and scientific and technical information.
