The capital city of Hanoi is pooling resources for the construction of the Nam Thang Long – Tran Hung Dao and Hanoi Station – Hoang Mai metro lines, with total investment exceeding 76 trillion VND (3.16 billion USD).
The elevated section of Nhon – Hanoi Station metro line (Photo: VNA)
Hanoi (VNA) 🌱– The capital city of Hanoi is pooling resources for the construction of the Nam Thang Long – Tran Hung Dao and Hanoi Station – Hoang Mai metro lines, with total investment exceeding 76 trillion VND (3.16 billion USD).
Slated to commence construction next year and complete by 2029, the Nam Thang Long – Tran Hung Dao line will span 11.5km with 8.9km underground and 2.6km elevated. It features 10 train sets and comes with a price tag of over 35.5 trillion VND.
Meanwhile, the Hanoi Station – Hoang Mai line, proposed to be funded by Official Development Assistance (ODA) capital, is estimated to cost around 40.5 trillion VND. This entirely underground line will span 8.7km, snaking beneath the bustling corridors of Tran Hung Dao - Tran Thanh Tong - Kim Ngưu - Nguyen Tam Trinh.
Vice Chairman of the municipal People’s Committee Duong Duc Tuan said according to the city's transportation master plan until 2035, Hanoi aims to boast a metro system of 10 lines stretching around 410km. Recently revised, the master plan now extends to 2065, adding 5 more lines and expanding the network to 610km.
Between 2024 and 2030, Hanoi plans to construct 96.8km of metro lines, with an investment of 14.6 billion USD. The following five years will see an additional 301km built, at an estimated cost of 22.5 billion USD.
The city has already chalked up significant milestones, with the Cat Linh – Ha Dong metro line and the elevated section of the Nhon – Hanoi Station metro line now operational and warmly welcomed by the public, Tuan said.
The total funding required for Hanoi's metro system by 2035 is estimated at 37.1 billion USD, with the city expecting to secure over 28 billion USD over the next decade. By 2035, Hanoi will need nearly 9 billion USD in support from the State budget./.
The newly-operated Nhon-Hanoi Station metro line served 256,126 passengers, mostly young people, during the first four days of operation from August 8-11, according to General Director of Hanoi Metro Co, Ltd Vu Hong Truong.
The 8.5-km elevated section of the Nhon-Hanoi Station metro line, running from Nhon to Cau Giay, started commercial operation on August 8. This is a significant event that instills confidence in investors regarding the potential for infrastructure development in the capital city, attracting investment for future projects.
The 8.5km elevated section of the Nhon-Hanoi Station metro line provided free rides for over 250,000 passengers in its first four days of operation from August 8-11, according to its operator Hanoi Metro Co, Ltd.
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Running until June 21, the festival brings together more than 80 central and local media organisations, featuring nearly 130 exhibition booths that cover the full spectrum of national life, encompassing economy, politics, culture, society, defence, security, and foreign affairs.
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In recent years, with strong support from the Party and State, and building on its tradition as a heroic news agency, the VNA has not only actively participated in OANA but also proactively proposed various ideas for cooperation, helping shape a fresh image of effective media collaboration in the digital era, said VNA General Director Vu Viet Trang.