Hanoi metro project faces another delay due to finance delayThe Cat Linh-Ha Dong metro line which was planned to enter trial operation in October this year is facing a high risk of being failing to meet the schedule because of a delayed release of funds. Cat Linh-Ha Dong metro projectAlmost all of the 13-km project’s work has been finished, but some items such as fences, road surface and some equipment have not yet been completed, affecting the project’s pace. The equipment installation has been slated to be carried by the end of this month for the project’s trial operation in October before the official run in the second quarter of 2018. However, since May this year, the project has been implemented at a very slow pace due to financial constraints. In May 2017, Vietnam signed an agreement with China Eximbank to get an additional loan of USD250.62 million for Cat Linh-Ha Dong metro project.

Source: VietNamNet News July 24, 2017 09:00 UTC