HCM City seeks more funds for metro - News Summed Up

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HCM City seeks more funds for metro


HCM City seeks more funds for metroHCM City authorities have asked the National Assembly (NA) to increase investment for the city’s first two metro lines that start near Ben Thanh Market in District 1 and end at Suoi Tien Theme Park in District 9 and Tham Luong depot in District 12. An elevated section of HCM City’s metro line No 1 from Ben Thanh in District 1 with Suoi Tien Theme Park in District 9. The city’s People’s Committee has proposed an adjusted total investment of VND47.3 trillion ($2.076 billion) and nearly VND48 trillion ($2.107 billion) for metro line No. Metro line No 1 (Ben Thanh in District 1 to Suoi Tien in District 9) was approved by the city in April 2007 with an investment of VND17.4 trillion ($766.4 million). Meanwhile, investment capital for the second metro line Ben Thanh-Tham Luong also increased, from VND26 trillion to nearly VND48 trillion, after the completion deadline was extended from 2020 to 2026.


Source: VietNamNet News May 21, 2018 04:07 UTC



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