{"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":"<p>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 <em>Vietnamnet Global<\/em>, the new lines will follow on from Lines 1 and 2, which are currently under construction.<\/p>\n<p>The new metro lines are:<\/p>\n<p>Line 2 Phase 2, 6km<\/p>\n<p>Line 3a, 11km, and<\/p>\n<p>Line 5 Phase 1, 9km.<\/p>\n<p>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<p>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<p>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<p>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<p>According to <a>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<p>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<p>Ho Chi Minh City\u2019s first metro line, the much-delayed Line 1, is finally due to open later this year.<\/p>\n<p><em>For detailed data on Asian metro projects, subscribe to <a href=\"https:\/\/irjpro.com\/\" target=\"_blank\" rel=\"noopener\">IRJ Pro<\/a>.<\/em><\/p>\n<p>The post <a href=\"https:\/\/www.railjournal.com\/regions\/asia\/ho-chi-minh-city-plans-three-new-metro-lines\/\">Ho Chi Minh City plans three new metro lines<\/a> appeared first on <a href=\"https:\/\/www.railjournal.com\/\">International Railway Journal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/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":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/26314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26314"}],"version-history":[{"count":0,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/26314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}