PM okays proposal of hiring consulting units for HCM City Metro line 5

Prime Minister Nguyen Xuan Phuc has approved a proposal to hire foreign consulting units or domestic and foreign joint ventures to verify the pre-feasibility study report of the Ho Chi Minh City metro line 5 project.

Wednesday, May 16, 2018 11:21

PM okays proposal of hiring consulting units for HCM City Metro line 5 ảnh 1

Ho Chi Minh City metro project map (Source: baoxaydung.com.vn)

Hanoi (VNA) –Prime Minister Nguyen Xuan Phuc has approved a proposal to hire foreign consultingunits or domestic and foreign joint ventures to verify the pre-feasibilitystudy report of the Ho Chi Minh City metro line 5 project.

The PM assigned theMinister of Planning and Investment as the Chairman of the State verificationcouncil to select the consulting unit, while gathering ideas of other ministriesto maximise the effectiveness and economise the hiring.

The Metro line 5,spanning from the new Can Giuoc coach station to Sai Gon bridge, has a totallength of 26 kilometres.

In the first phase,an 8.9km section will be built from Bay Hien crossroad in Tan Binh district toSai Gon bridge.

The line has a totalinvestment of 1.562 billion EUR and an implementation time from 2009 to 2027.

Under its design,the Metro line 5 will connect with line 2 at Bay Hien crossroad, line 4 at PhuNhuan crossroad in Phu Nhuan district, Tan Son Nhat airport terminal in TanBinh district, line 3b at Hang Xanh station in Binh Thanh district and line 1at Sai Gon bridge station in Binh Thanh district.

HCM City’s metroproject was the first proposed in 2001 as part of a comprehensive publictransport plan for the city and neighbouring provinces to tackle trafficcongestion.

It includes threemonorail lines with a total length of 37km and six partly underground metroroutes running a total of 107km from Ben Thanh to Suoi Tien, Ben Thanh to ThamLuong, Ben Thanh to Binh Tan, Lang Cha Ca to Van Thanh, Thu Thiem to Can Giuocand Ba Queo – Phu Lam. Ben Thanh will be a hub connecting all the lines.

According to initialestimates in 2007, total investment of the project was 17 trillion VND (about749 million USD). However, a recent calculation of Japanese consultant jointventure, verified by a Singaporean independent consultant unit, showed thetotal cost will be 47 trillion VND (2.07 billion USD). So far, 51 percent ofthe project’s workload has been completed and the project is scheduled to befinished in 2020.-VNA

VNA

#Ho Chi Minh City metro line 5 #HCM City’s metro project #an Son Nhat airport #ODA #Sai Gon bridge #Vietnam #Vietnam news #Vietnam News Agency Ho Chi Minh City

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Illustrative image (Photo: baochinhphu.vn)

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