Metro Line No1 in HCM City likely to be completed after 2021
The completion of Metro Line No1 project in Ho Chi Minh City linking Ben Thanh Market in District 1 with Suoi Tien Tourist Park in District 9 is likely to be delayed to after 2021, the municipal Management Authority for Urban Railways (MAUR) has stated.
Metro Line No1 in HCM City likely to be completed after 2021. Illustrative image (Photo: VNA)
HCMCity (VNA) – The completion of MetroLine No1 project in Ho Chi Minh City linking Ben Thanh Market in District 1with Suoi Tien Tourist Park in District 9 is likely to be delayed to after 2021, the municipal Management Authority for Urban Railways (MAUR) has stated.
According to a recent report of the MAUR on the impactof COVID-19 pandemic on urban railway projects in the city, NJPT Association, the general consultant for the project, has repeatedly informedthe investor about the impact, which may delay the construction andinstallation packages from 4-6 months and the package of equipment from 6 - 8months.
Only 82 percent of the construction work was completed in2020 dueto effects of the COVID-19 pandemic, 3 percent lower than the set plan. The reason behind the delay is that foreign experts could notarrive in Vietnam for working, the MAUR noted.
The authority is working closely with contractors to manage and speed up construction progress.
The 2.05-billion-USD Metro Line No 1 is the first of at least six to be built in the city andaims to ease traffic congestion in its north-eastern gateway.
Including four major bidding packages usingofficial development assistance (ODA) and funds from the Japan InternationalCooperation Agency (JICA), the project is designed to have 14 stations, threeof them underground.
There will be 17 three-carriage trains plying the route,running at a maximum speed of 110 km/h above ground and 80 km/h below ground./.
The Management Authority for Urban Railways of Ho Chi Minh City (MAUR) and contractors kicked off work on power supply for the southern economic hub’s first metro line project on February 19, which has now seen 82 percent of works completed.
The southern metropolis Ho Chi Minh City is seeking to run 12-17-seater minibuses to make it easier for local residents to get access to this public transport services as the city has a lot of narrow roads with high traffic flows.
The Export-Import Bank of the Republic of Korea (KEXIM) has asked Ho Chi Minh City’s authorities for permission to conduct an investment study for Phase 2 of Metro Line No. 5, set to be carried out in the public-private partnership (PPP) format.
Ho Chi Minh City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge.
Ho Chi Minh City plans to conduct a test run of the elevated section of metro line No.1 connecting Ben Thanh and Suoi Tien in late 2021 and commercially operate the whole system in 2022.
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