Vingroup has proposed a high-speed urban railway project connecting Ho Chi Minh City with Can Gio District, with a total investment of $4.09 billion (102.37 trillion VND). The proposed line is expected to carry 30,000 to 40,000 passengers per hour in one direction and begin operation by 2028.

Connecting HCMC and Can Gio with high-speed metro

The proposed HCMC - Can Gio metro line will pass through District 7, Nha Be District, and Can Gio District.

The starting point will be at Nguyen Van Linh Street (at the intersection of Nguyen Thi Thap Street and Ly Thuc Man Street) in Tan Phu Ward, District 7.

The endpoint will be at a 39-hectare plot adjacent to the Can Gio Sea Encroachment Urban Tourism Project in Long Hoa Commune, Can Gio District.

The project will feature:

Double-track design with a 1,435 mm gauge.
Elevated tracks spanning 48.5 km.
Maximum operating speed of 250 km/h.
Axle load capacity of 17 tons.
Two depots: one in District 7 (20 hectares) and one in Long Hoa Commune, Can Gio District (39 hectares).

Public-private partnership and investment model

Vingroup has proposed implementing the project under a public-private partnership (PPP) model, specifically the Build-Own-Operate (BOO) contract. The company plans to invest using its own capital and mobilized funds, and will own, operate, and manage the project once it is completed.

The construction is expected to start between 2026 and 2027, with trial operation and handover by 2028.

During the Ho Chi Minh City Planning Announcement Conference on January 4, Prime Minister Pham Minh Chinh encouraged Vingroup to take on the project. He also emphasized the importance of entrusting large enterprises with key infrastructure projects to foster economic growth.

The HCMC government aims to complete 7 metro lines (355 km) by 2035, including extensions to Ben Thanh - Suoi Tien and lines 2 to 7.

An additional 3 metro lines (8, 9, and 10) are expected to be completed in the following decade, with a total estimated investment of $67 billion.

Tuan Kiet