Over 1.5 million USD invested in HCM City integrated railways
The Ho Chi Minh City People’s Committee has approved a US-funded project
to implement an integrated signalling and centralised control system
for the city’s urban railway network.
The Ho Chi Minh City People’s Committee has approved a US-funded project
to implement an integrated signalling and centralised control system
for the city’s urban railway network.
The project foresees a total investment of 1.55 million USD, with the US Trade and Development Agency (USTDA) providing non-refundable financial assistance worth 1.458 million USD for research consultancy.
The remaining funds will be allocated from the city’s budget to cover additional costs, including training and management expenditures.
The project will improve efficiency in managing and operating the urban railway system and connect it to the city’s other public transport systems.
Ho Chi Minh City ’s urban mass rapid transit system consists of seven underground lines and three overground lines, costing an estimated 20 billion USD. Two of the ten lines, including Line 1, connecting Ben Thanh Market and Suoi Tien Park , and Line 2, connecting Ben Thanh Market and Tham Luong, have already secured funding from investors. The other lines still lack financial assistance.-VNA
The project foresees a total investment of 1.55 million USD, with the US Trade and Development Agency (USTDA) providing non-refundable financial assistance worth 1.458 million USD for research consultancy.
The remaining funds will be allocated from the city’s budget to cover additional costs, including training and management expenditures.
The project will improve efficiency in managing and operating the urban railway system and connect it to the city’s other public transport systems.
Ho Chi Minh City ’s urban mass rapid transit system consists of seven underground lines and three overground lines, costing an estimated 20 billion USD. Two of the ten lines, including Line 1, connecting Ben Thanh Market and Suoi Tien Park , and Line 2, connecting Ben Thanh Market and Tham Luong, have already secured funding from investors. The other lines still lack financial assistance.-VNA
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