{"id":26314,"date":"2024-04-09T19:37:59","date_gmt":"2024-04-09T09:37:59","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=26314"},"modified":"2024-04-09T19:37:59","modified_gmt":"2024-04-09T09:37:59","slug":"ho-chi-minh-city-plans-three-new-metro-lines","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=26314","title":{"rendered":"Ho Chi Minh City plans three new metro lines"},"content":{"rendered":"

THREE new metro lines, with an investment value of over $US 5bn, are planned in Ho Chi Minh City in Vietnam. According to local media outlet Vietnamnet Global<\/em>, the new lines will follow on from Lines 1 and 2, which are currently under construction.<\/p>\n

The new metro lines are:<\/p>\n

Line 2 Phase 2, 6km<\/p>\n

Line 3a, 11km, and<\/p>\n

Line 5 Phase 1, 9km.<\/p>\n

The second phase of Line 2 will extend to the new district of Thu Thiem. Construction of the first phase started earlier this year, with completion expected by 2030. Phase 2 will cost approximately $US 1.3 bn, which is expected to come from Korean government loans.<\/p>\n

Ho Chi Minh City\u2019s Management Authority for Urban Railways (Maur) has been working with the Export-Import Bank of Korea (Kexim) to provide technical support documents that will enable Maur to access non-refundable finance later this year.<\/p>\n

Line 3a will have 11 underground stations and is expected to cost more than $US 2bn, with finance expected to be provided by the Japan International Cooperation Agency (Jica). Maur and Jica reportedly discussed new financing options during a meeting last month. The line is still awaiting approval, originally submitted in 2016, from the Ministry of Planning and Investment.<\/p>\n

Line 5 includes a 7.5km underground section and is expected to cost more than $US 1.7bn. Financing is expected from a variety of sources, including the Asian Development Bank (ADB), European Investment Bank (EIB), and German federal development bank (KfW).<\/p>\n

According to Maur, <\/a>a feasibility study has been submitted to the Ministry of Planning and Investment, along with cost-approved plans for independent project analysis.<\/p>\n

Further metro lines are proposed in Ho Chi Minh City, including Lines 2 (Phase 3), 3b, 4, 5 (Phase 2) and 6, as well as a light rail line and two monorail routes.<\/p>\n

Ho Chi Minh City\u2019s first metro line, the much-delayed Line 1, is finally due to open later this year.<\/p>\n

For detailed data on Asian metro projects, subscribe to IRJ Pro<\/a>.<\/em><\/p>\n

The post Ho Chi Minh City plans three new metro lines<\/a> appeared first on International Railway Journal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

THREE new metro lines, with an investment value of over $US 5bn, are planned in Ho Chi Minh City in Vietnam. According to local media […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[47,5],"tags":[],"class_list":["post-26314","post","type-post","status-publish","format-standard","hentry","category-rail-news","category-transport"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t