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Most neural methods for Vehicle Routing Problems (VRPs) are limited to Euclidean settings or simple graphs. In this work, we instead consider multigraphs, where parallel edges represent distinct travel options with varying trade-offs (e.g., distance vs time). Few methods are designed for such formulations and those that do exist face major scalability issues. We mitigate these scalability issues via a Node-Edge Policy Factorization (NEPF) approach, which splits the routing policy into a node permutation stage and an edge selection stage. To enable the decomposition, we introduce a pre-encoding edge aggregation scheme and a non-autoregressive architecture for the edge stage, as well as a hierarchical reinforcement learning method to train the stages jointly. Our experiments across six VRP variants demonstrate that NEPF matches or outperforms the state-of-the-art in terms of solution quality, while being significantly faster in training and inference.