HCMC – Hanoi is set to begin work on the Nam Thang Long-Tran Hung Dao urban railway project in 2025, with a total investment of VND35.6 trillion, the Hanoi Metropolitan Railway Management Board (MRB) announced on December 17.
Deputy Prime Minister Bui Thanh Son has approved adjustments to the project’s investment policy, according to the Vietnam News Agency (VNA).
The metro line will span around 11.5 kilometers, consisting of 8.9 kilometers of underground tracks and 2.6 kilometers of elevated sections.
It will feature seven underground and three elevated stations, a double-track railway with a standard gauge of 1,435mm, and 10 trains in operation. Additionally, a 17.5-hectare depot will be built in Xuan Dinh, Bac Tu Liem.
The total investment of VND35,588 billion, with VND29,672 billion coming from ODA loans from the Japan International Cooperation Agency (JICA) and VND5,916 billion from Hanoi’s budget.
The investment has risen by more than VND16,000 billion, or 82%, compared to the initial plan, due to changes in the project scale, exchange rate, and fluctuations in fuel prices, materials, equipment, labor, and wages.
MRB leaders said that after the investment adjustment is approved, the consulting unit will finalize the project documents for submission to the Hanoi People’s Committee. Construction is scheduled to officially start in 2025.
The Nam Thang Long-Tran Hung Dao metro line is a key infrastructure project and an integral part of Hanoi’s urban development strategy. It aims to alleviate traffic congestion, stimulate economic growth, and improve the quality of life for residents.
