New Railway Law
Coming into force from July next year, the 2017 Railway Law, passed by the National Assembly in June, prescribes railway infrastructure planning, investment, construction, protection, management, maintenance and development. It also stipulates railway industry and railway business.
A new legal environment for railway investment
The Railway Law, passed on June 14, 2005, by the XIth National Assembly, will create a stable, favorable and equal legal environment for organizations and individuals of all economic sectors to invest and do business in the railway sector, and for state management agencies to properly manage railway activities. The Law will become effective from January 1, 2006.