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THACO (THG) Wins Da Nang Approval for $10.6B Urban Railway Feasibility Study

THACO (THG) secured Da Nang city's approval to conduct a feasibility study for a VND 265,972 billion (~$10.6B USD) urban railway connecting Da Nang and Chu Lai airports. The project, spanning 103km in two phases, could break ground in February 2027 and begin operations by 2032, positioning THACO for a major infrastructure role in central Vietnam's connectivity.

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Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-04-23T08:24:43Z.

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