Metro line propelling property prices
First 2km of Ben Thanh-Suoi Tien metro line No 1 installed

Tran Vinh Tuyen, deputy chairman of the city’s People Committee, has directed the council to speed up the process of the appraisal procedure and make adjustments to the project.

The deputy chairman also approved the establishment of a technical appraisal council to ensure that the project remains on schedule.

The People’s Committee has also told several departments to quickly handle procedures to help Urban Railway No. 1 Limited Company begin operations.

Bui Xuan Cuong, head of the city’s Management Authority for Urban Railways, said that 64 per cent of the Metro Line No.1 project has been completed, and 80 per cent would be finished by the end of this year.

In addition, the city has solved difficulties related to payments to contractors, Cuong said.

The Metro Line No 1 project has a length of 19.7 km, including 11 stations, three underground stations, and one depot. It is expected to be put into use in 2021.

VNS