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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Thursday, July 3, 2025

PM urges completion of HCMC’s first metro line by 2024

The Saigon Times

Must read

HCMC – Prime Minister Pham Minh Chinh has called on HCMC authorities to speed up work on Metro Line No. 1 so that it can commence commercial service in early 2024.

During the sixth meeting of the steering committee for State management of key national projects, Chinh said relevant agencies must work harder to remove all hindrances to the progress of urban railway projects across the country.

The Nhon-Hanoi Station metro line was originally scheduled for completion by the end of this year, while Metro Line No. 1 in HCMC, also known as the Ben Thanh-Suoi Tien urban rail line, is planned to be up and running early next year.

Chinh urged local authorities to pool all available resources and streamline investment procedures for the construction of more urban railways in both HCMC and Hanoi, the country’s two biggest cities.

With a total length of 19.7 kilometers, Metro Line No. 1 connects the landmark Ben Thanh Market in District 1 and Suoi Tien Theme Park in Thu Duc City, and has three underground stations and 11 elevated stations.

The project, which started construction in 2007, requires a total of VND43.7 trillion, of which VND38.3 trillion lent by the Japan International Cooperation Agency (JICA) and the remainder coming from the Vietnamese side.

Currently, the rail line is 95.75% complete.

The Management Authority for Urban Railways (MAUR) of HCMC plans to test-operate the entire line in the fourth quarter of this year. But a news report posted on Lao Dong newspaper early this month said Japanese contractor Hitachi had yet to provide personnel training, do maintenance work and coordinate with the local side to do railway safety review and certification.

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