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Update news metro projects
Two weeks into operation, Metro Line 1’s management grapples with safety and etiquette violations, ranging from door obstruction to inappropriate photo-taking.
Contractors have so far successfully tunnelled 647m of underground passageways of the Nhon-Hanoi Railway Station urban railway line project.
Thousands of residents and tourists flocked to experience the Ben Thanh-Suoi Tien Metro Line 1 on December 29, the last Sunday of the year, turning the stations into bustling hubs of activity.
Metro Line 1 in Ho Chi Minh City welcomed nearly 400,000 passengers during its first four days of operation, offering free rides to the public throughout its debut month.
HCM City will need over VNĐ86 trillion (US$3.6 billion) from public funds to extend its first metro route to the neighbouring provinces of Bình Dương and Đồng Nai.
With an investment capital of over VND65 trillion (US$2.66 billion), this will be the largest urban railway line in terms of investment capital among the completed preliminary study reports in Hanoi.
The Government has approved adding nearly VND1.92 trillion to the investment cost and rescheduling the completion of the Nhon-Hanoi Station metro line project to 2027.
Contractors of the metro line, also known as the Bến Thành–Suối Tiên line, have until the end of 2025 to report any project defects, and the time for supporting operation and maintenance runs until the end of 2028.
Two metro line projects in HCMC have been lagging behind schedule, so the deadlines for their completion will be extended, according to the Ministry of Transport.
Hanoi authorities have halted two metro projects under the form of public-private partnership (PPP) to wait for new regulations following the government’s on-going revision of its investment mechanism.
DLG teams up with German group for power supply; Gov’t backs rice branding project; BIDV inks deals with Japanese banks; HCM City seeks special mechanism to finance metro projects; Agri-aqua-forestry exports could reach US$30 bil.