Map of HCM City’s six proposed metro routes. — Photo taudienngam.net |
HCM CITY — Prime Minister Nguyễn Xuân Phúc has decided to establish a State Appraisal Council to appraise the first phase of HCM City’s metro line No 5 between Sài Gòn Bridge in Bình Thạnh District and District 8 and report to the Government.
Minister of Planning and Investment Nguyễn Chí Dũng will be the head of the council.
Its members will be from the Government Office, the State Bank of Việt Nam, ministries, and the city People’s Committee.
They will appraise the necessity of the project and its impact on the city’s socio-economic development besides the builders’ experience and financial capability.
The project’s developers have been told to provide all necessary documents and information to the council.
The council will be disbanded when it completes the task.
In the first phase, line No 5 will intersect line No 1 at Sài Gòn Bridge and line No 2 at the Bảy Hiền intersection in Tân Bình District.
It is expected to begin operation in 2025, linking outlying districts with the city centre.
The city will have six lines in all. — VNS