Ho Chi Minh City People’s Committee this morning held a groundbreaking
ceremony for the US$2.4 billion Ben Thanh – Suoi Tien metro project, the first
of its kind in the country.
The metro system is expected to
be 19.7 km long, including 2.6 km underground in District 1 with 3 terminals
and 17.1 km above ground with 11 terminals in other places.
The metro line will run through
District 1, Binh Thanh District, District 2, District 9, and Thu Duc District
in HCMC before reaching Di An Town in Binh Duong Province.
The project’s investment capital
is estimated at VND48 trillion ($2.4 billion), most of which is sourced from
Japanese ODA, and the rest from the State budget.
The metro system is expected to
be completed in 2017 and put into operation one year later.
Upon completion, the metro route
can transport 186,000 passengers a day and the figure will increase to 620,000
by 2020 and 1 million by 2040, said Nguyen Do Luong, head of the city HCMC
Urban Railway Management Board.
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The travel time on the entire
route is 30 minutes and trains will depart at five-minute intervals.
By the year’s end, a second metro
system will also be built to link Ben Thanh and An Suong, with a length of 20
km. It is also scheduled to be completed in 2017 and will cost about $1.37
billion, Luong said.
The building of the metro line
marks a milestone in the modernization of the city’s public traffic system,
contributing to boosting the city’s economic growth and reducing environmental
pollution, city People’s Committee chairman Le Hoang Quan said at the ceremony.
Transport Minister Dinh La Thang
said he hoped the first metro line will rank first in all construction works in
the country in terms of quality, progress and safety, so that it can become a
good symbol of the friendship and the strategic relation between Vietnam and
Japan.
TUOI TRE
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