Ho Chi Minh City looking to secure multi-billion-dollar metro project

May 06, 2020 | 21:19

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Ho Chi Minh City is seeking the prime minister's approval for the project to build Metro Line 3A connecting Ben Thanh and Tan Kien with the total investment capital of VND68 trillion ($2.96 billion).

ho chi minh city looking to secure multi billion dollar metro project

Ho Chi Minh City is asking for the green light for its have $2.96 billion Metro Line 3A

According to the Management Authority for Urban Railways (MAUR) of Ho Chi Minh City People's Committee, Metro Line 3A is an especially important component in completing the city's public transport system.

Once completed, the metro line will offer a direct connection to the Ben Thanh-Suoi Tien metro line (Metro Line 1), creating a modern transport corridor linking the city's northeast to the southwest.

According to a study conducted by JICA, the project will span 20 kilometres with 18 stations through eight districts.

The construction is designed in two phases. The first one spans 9.9km and the construction is expected to be implemented in 2025-2031. The construction of the second phase is expected to last from 2028 to 2034.

As of now, the construction of Metro Line 1 has been 73 per cent completed and is expected to be finished by the end of 2021. Being invested by Hitachi, Metro Line 1 will run 20 kilometres, 2.6 kilometres of which will be underground, and cost VND46.3 trillion ($2 billion). It will have 14 stations, three of them underground.

In addition, the construction of Metro Line 2 from Ben Thanh to Tham Luong is planned to be kicked off next year and start operations in 2026. It has a total length of 11.3km, passing through districts 1, 3, 10, 12, Tan Binh, and Tan Phu with the total investment capital of more than $2.1 billion from the Asian Development Bank, the German Development Bank (KfW), and the European Investment Bank (EIB). 9.3km of the route will run underground and 0.78 kilometres will be elevated. The whole system has 11 stations, including one elevated station. This is one of eight metro lines which are being constructed in Ho Chi Minh City.

By Ha Vy

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