The city has instructed MAUR to propose funding strategies for three key phases: 2021–2025, 2026–2030, and 2031–2035. The agency must also prepare annual budget allocation plans to ensure timely project progress.
Additionally, MAUR is tasked with completing all necessary procedures to conclude the investment policy for Metro Line 2 (Ben Thanh – Tham Luong), which will be funded through official development assistance (ODA), in accordance with current regulations.
For the new projects, MAUR must conduct surveys, prepare front-end engineering designs (FEED), and develop feasibility study reports for submission to relevant authorities for approval.
Previously, the Ho Chi Minh City government announced plans to construct 355 kilometers of urban rail over the next 10 years with a total investment requirement of approximately USD 40.2 billion.
Under the provisions of Resolution 188, funding sources will include central and local budgets, revenues from urban development under the TOD (Transit-Oriented Development) model, and bond issuances.
The city is currently operating the 19.7-kilometer Ben Thanh – Suoi Tien metro line, which features 14 stations and connects the downtown area with Thu Duc City. The line serves approximately 50,000 passengers daily.
By the end of 2025, Ho Chi Minh City plans to begin construction of Metro Line 2 (Ben Thanh – Tham Luong), with completion targeted for 2030.
Tuan Kiet