Stakeholder Assignment | Homework For You

Construction of Vietnam’s North-South high-speed railway, which allows passengers to travel between capital Hanoi and Ho Chi Minh City in about eight hours, will cost about 26 billion U.S. dollars

Citing analysis by experts from Germany and the Netherlands, the Ministry of Planning and Investment said that with the span of thousands of kilometers, a running speed of 200 kilometers per hour would be cost-effective, the Vietnam News daily reported.

Vietnam may spend 26 billion U.S. dollars to build North-South high-speed railway

Construction of Vietnam’s North-South high-speed railway, which allows passengers to travel between capital Hanoi and Ho Chi Minh City in about eight hours, will cost about 26 billion U.S. dollars

According to the ministry, the railway project will be implemented under the public-private partnership model, with 80 percent of the investment allocated from the state budget and the rest funded by the private sector.

If the Vietnamese prime minister approves the North-South high-speed plan, the country’s top legislature will vote on whether it will move forward or not.

Vietnam’s railway sector transported 4.2 million passengers and 2.6 million tons of cargoes in the first half of this year, seeing respective year-on-year decreases of 6.8 percent and 10.4 percent, according to the General Statistics Office.

1. Define the term ‘stakeholder’ in your own words (1 point).

2. Can a shareholder (owner of a business) be considered as a stakeholder and why? ( 1 point)

3. Present 2 stakeholders who could benefit from this transport project (4 points), and 2 stakeholders who could be negatively affected (4 points). Explain how these Stakeholders will be affected.

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