Contractor requires payment for Ben Thanh-Suoi Tien constructionThe contractor of the first metro line Ben Thanh-Suoi Tien has sent a request of payment for the project’s construction costs unless it will halt the project or extend progress, reported HCMC Urban Railway Management Board yesterday. The above ground stretch of Ben Thanh-Suoi Tien metro lineThe board was reporting at a news conference on the progress and implementation of the city’s first metro line Ben Thanh-Suoi Tien, second route Ben Thanh-Tham Luong and fifth route Saigon Bridge-Bay Hien crossroads. HCMC expects to have a mechanism allocating funds in accordance with the project’s progress not in waves, Mr. Quang said. Bid packages on schedule HCMC needs over VND5.4 trillion (US$238 million) to pay the contractors of Ben Thanh-Suoi Tien metro line project in 2017 but so far the central budget has allocated only VND2.1 trillion. Director of Ben Thanh-Suoi Tien metro line project Duong Huu Hoa said that bid packages have been on schedule.
Source: VietNamNet News May 25, 2017 07:52 UTC