The urban railway corporation model will be studied, referring to experiences from cities around the world with developed urban railway systems.
Metro No. 1 - Ho Chi Minh City's first urban railway line - is scheduled to operate commercially in December 2024 - Photo: CHAU TUAN
This content was stated by the Ho Chi Minh City People's Committee in a document sent to the Government Office for comments on the Government Standing Committee meeting on the project to develop the urban railway network system in Hanoi and Ho Chi Minh City by 2035.
Accordingly, the Ho Chi Minh City People's Committee proposed that the Prime Minister direct relevant agencies to promptly develop and submit for approval a project to develop the railway industry in conjunction with supporting industries. This project will prepare for investment in the North-South high-speed railway, urban railways in Hanoi and Ho Chi Minh City, as well as other railway routes in the future, both domestically and internationally.
In case of being assigned to research and develop the railway industry, Ho Chi Minh City proposed that the Prime Minister approve the policy of developing a project to establish an urban railway corporation.
This model will be studied and experiences will be learned from some cities of countries with developed urban railway systems in the world such as China, Russia, Spain, Korea, Japan...
The Urban Railway Corporation will be a 100% state-owned enterprise, under the Ho Chi Minh City People's Committee.
The project to establish an urban railway corporation will be implemented in parallel with the investment preparation process for projects in the project to develop the urban railway network of Ho Chi Minh City until 2035.
In which, Ho Chi Minh City will study and propose some specific mechanisms and policies so that the urban railway corporation is allowed to mobilize capital, be assigned by the State to organize or self-implement the design, project management, construction investment; operation and exploitation. The corporation is allowed to do real estate business in the area surrounding the station and depot according to the TOD model, and do business in exploiting railway infrastructure.
In its development roadmap, Ho Chi Minh City aims to gradually build an increasingly strong urban railway corporation with sufficient capacity in terms of capital, technology and corporate governance. From there, the corporation will not only meet the urban railway development needs of the city and neighboring areas, but also expand nationwide and eventually export to countries in the region and around the world.
Towards mastering urban railway technology
Based on Conclusion 49 of the Politburo, Ho Chi Minh City and Hanoi have developed metro projects with unprecedented breakthrough mechanisms. In Ho Chi Minh City, a completely new approach is expected to complete 6 metro lines with a total length of 183km from now until 2035. The preliminary total investment for this phase requires more than 871,216 billion VND (about 36.33 billion USD).
According to the project, the city aims to transfer and master urban railway technology by 2035, achieving a localization rate of 30-40% for vehicles, equipment and signal information systems.
According to research, the synchronization of technology applied to the entire metro network will help reduce costs by at least 30% compared to the unit price of projects done in our country. For civil construction items, including infrastructure, metro tunnels, and stations, currently account for 70-75% of the total project investment value.
If the domestic ratio reaches 70-80%, the cost can be reduced by 20-30% compared to current projects. And when the domestic assembly of locomotives and wagons reaches 60%, it will help reduce the cost by at least 50% compared to the current import price from Europe and Japan, if the purchase contract is large enough.
Source: https://tuoitre.vn/tp-hcm-de-xuat-lap-tap-doan-duong-sat-do-thi-100-von-nha-nuoc-20241204094626244.htm
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