Accelerating the progress of the Metro Development Project in Hanoi and Ho Chi Minh City worth 72.03 billion USD

The People's Committees of Hanoi and Ho Chi Minh City are requested to focus resources on reviewing procedures and completing the dossier of the Project on developing the urban railway network system until 2035 before November 8, 2024.

The People's Committees of Hanoi and Ho Chi Minh City are requested to focus resources on reviewing procedures and completing the dossier of the Project on developing the urban railway network system until 2035 before November 8, 2024.

A section of the Ben Thanh - Suoi Tien urban railway line is about to be put into operation by the Ho Chi Minh City People's Committee.

The Ministry of Transport (MOT) has just sent an official dispatch to the People's Committees of Hanoi and Ho Chi Minh City regarding the Project to develop the urban railway network system of Hanoi and Ho Chi Minh City by 2035.

Specifically, the Ministry of Transport requested the two cities to focus resources, review procedures, complete the Project dossier and send it to the Ministry of Transport before November 8, 2024 to implement the next procedures; at the same time, arrange personnel, provide complete documents, proactively coordinate with the Ministry of Transport to complete the Project, Submission, and Draft Conclusion of the Politburo.

Under the direction of Deputy Prime Minister Tran Hong Ha, the Ministry of Transport is responsible for compiling a Project dossier to submit to the Government Standing Committee before October 10, 2024.

However, up to now, the Ministry of Transport has only received the Project report from the Ho Chi Minh City People's Committee, but has not yet received the Project report from the Ho Chi Minh City People's Committee, so the synthesis of the Project documents has been slower than the Deputy Prime Minister's direction.

To ensure consistency in the content of the Project, the Ministry of Transport recommends that the two cities promptly review and determine the investment rate for urban railways (elevated and underground); the basis for selecting technology; the ability to master technology, operate and exploit (determine the agency in charge of receiving technology, equipment, locomotives, and carriages); human resource training needs and plans; resource mobilization plans; management and exploitation models; implementation mechanisms and policies...

In addition, on October 17, 2024, the Ministry of Finance held a meeting with the Ministry of Transport, the Ministry of Planning and Investment, the People's Committee of Hanoi and the People's Committee of Ho Chi Minh City to calculate and assess the impact of public debt when synchronously implementing key national railway investment projects.

“The Hanoi People's Committee and Ho Chi Minh City People's Committee are requested to closely coordinate with the Ministry of Finance to soon have a report assessing the overall impact of public debt when implementing investment projects,” the Ministry of Transport's official dispatch stated.

In the report on the Urban Railway Network Project of Hanoi and Ho Chi Minh City by 2035, compiled by the Ministry of Transport and sent to the Government leaders in mid-September 2024, the goals of covering the urban railway network of the two above-mentioned localities have been relatively clearly defined.

Accordingly, Hanoi City aims to complete about 598.5 km of urban railway, of which by 2030, it strives to put into operation about 96.8 km; by 2035, it strives to put into operation about , taking on 50-55% of the public passenger transport market share; by 2045, it strives to put into operation about 200.7 km, taking on 65-70% of the public passenger transport market share and completing urban railway routes according to the Capital planning and the adjusted Capital Construction Master Plan.

Meanwhile, the Ho Chi Minh City People's Committee aims to complete about 510.02 km of urban railways, of which by 2035, it strives to put into operation about 183 km, taking on 30-40% of the public passenger transport market share; by 2045, it strives to put into operation about 168.36 km, taking on 40-50% of the public passenger transport market share; by 2060, it strives to put into operation about 158.66 km, taking on 50-60% of the public passenger transport market share and complete the urban railways according to the Ho Chi Minh City Master Plan and the adjusted Ho Chi Minh City Master Plan.

The urban railway projects in Hanoi and Ho Chi Minh City, when completed, will not only change the traffic landscape of the two largest cities but also contribute to reducing traffic congestion and accidents.

To ensure consistency in investment and operation, the Ministry of Transport proposed some main general technical parameters for the urban railway system in the two cities: 1,435 mm gauge, double track; design speed of 80-160 km/h; overhead power supply system or third rail power supply; automatic train operation; vehicles using EMU distributed power trains.

Regarding the implementation roadmap, the Ministry of Transport plans to complete the urban railway lines according to the current planning by 2035, with a total length of about 580.8 km; by 2045, complete about 369.1 km (Hanoi City about 200.7 km; Ho Chi Minh City about 168.4 km); by 2060, complete about 158.66 km in Ho Chi Minh City/

The capital investment needs for developing the urban railway network in the two cities are as follows: by 2035, about 72.03 billion USD is needed; by 2045, about 44.43 billion USD is needed; by 2060, about 40.61 billion USD is needed. Of which, by 2030, the central budget is proposed to support about 11.82 billion USD and by 2035, the central budget will support about 6.29 billion USD.

Source: https://baodautu.vn/thuc-tien-do-de-an-phat-trien-metro-tp-ha-noi-tp-hcm-tri-gia-7203-ty-usd-d229151.html