HCMC – The Management Authority for Urban Railways (MAUR) has started work on Metro Line No. 2, which will connect Ben Thanh Market in District 1 and Tham Luong Depot in District 12.
The project requires nearly VND47.9 trillion, which will be sourced from the Asia Development Bank (ADB), Germany’s KfW Development Bank, European Investment Bank (EIB), and Vietnam.
The 11-kilometer urban rail line will consist of one elevated and nine underground stations, and pass through districts 1, 3, 10, 12, Tan Binh, and Tan Phu.
The project needs a total of 251,136 square meters of land. Compensation and support for resettlement will exceed VND3.75 trillion. Over 86% of cleared land has been handed over to the project.
It was originally scheduled for completion in 2026, but land clearance delays have led to the completion date being pushed back to 2030.
