metro projects

Update news metro projects

HCM City seeks $3.6b to extend first metro line to Binh Duong, Dong Nai

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.

Hanoi to invest over $2.66b to build urban metro line No5

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.

Extra VND1.9 trillion approved for Nhon-Hanoi Station metro line

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.

HCMC’s metro line completion date pushed back again

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 lines in HCMC behind schedule

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 halts two metro projects to wait for new government regulations

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.

 

BUSINESS IN BRIEF 20/10

 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.