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PM supports $840m for HCM City's metro plan line 5

Update: April, 01/2015 - 17:41
The first phase of the Metro 5 route between Sai Gon bridge and Can Giuoc station would stretch 17km with a 25ha – area for railway maintenance. — File Photo

HCM (VNS) — PM has approved of technical specifications for "HCM City Urban Railway line 5"project from Thu Thiem, (District 2) to Can Giuoc (District 8) and Phu Lam (District 6) with total investment US$840m.

The People's Committee of HCM City will manage the project.

The establishment of the railway project aims to reduce the heavy traffic congestion.

The Asian Development Bank and the Vietnamese government approved the feasibility of the project.

The first phase of the Metro 5 route between Sai Gon bridge and Can Giuoc station would stretch 17km with a 25ha – area for railway maintenance.

The metro route between Bay Hien intersection and Sai Gon bridge will be constructed with total investment $857m in stage one.

HCM City urban railway is expected to serve about 526000 passengers every day when in operation in 2018. — VNS


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