Resources being mobilised to complete Cat Linh-Ha Dong railway project
Vietnam will pay 95 percent of the value of the contract for the Cat Linh-Ha Dong urban railway project when the project is completed, Deputy Minister of Transport Nguyen Ngoc Dong said at the Government’s regular press conference on June 2.
Deputy Minister of Transport Nguyen Ngoc Dong speaks at the Government’s regular press conference on June 2 (Photo: VNA)
Hanoi (VNA) – Vietnam will pay 95 percent of the value of thecontract for the Cat Linh-Ha Dong urban railway project when the project iscompleted, Deputy Minister of Transport Nguyen Ngoc Dong said at theGovernment’s regular press conference on June 2.
He made the remarks while replying to a question about the Ministry ofTransport (MoT)’s responsibility in the project, especially the Chinese contractor’srecent demand for 50 million USD to be paid before the entire line’s trial run.
Dong said the payment must be made in line with the signed contract, notingthat 95 percent of the contract’s value will be paid when the project iscompleted and pass checks. The remaining five percent will be kept formaintenance like in other investment projects.
The MoT’s Railway Management Board, which is the project’s investor, isresponsible for making the payment, the Deputy Minister noted, adding that it haspaid 80 percent of the contract’s value according to the finished workload andthe contract.
Meanwhile, the ministry is responsible for directing the Railway ManagementBoard in working with the contractor and mobilising resources for the projectimplementation, Dong said.
Efforts are being made to, together with relevant agencies, complete theproject, assess its safety and put the line into operation, according to him.
Despite 99 percent of the workload being completed, the project’s commercialoperations have experienced multiple setbacks and been delayed eight timessince construction began in 2011.
The 13.5-km-long railway line, from Cat Linh in Ba Dinh district to Ha Dongdistrict of Hanoi, has a total investment capital of approximately 886 million USDafter several adjustments, funded by Chinese ODA./.
The Vietnam Register (VR) announced that it had issued temporary registration certificates for 13 trains of the long-delayed Cat Linh-Ha Dong urban railway project.
The Ministry of Transport (MoT) has asked the Government for advice over a loan owed to China for the long-delayed and still not yet operational Cat Linh-Ha Dong urban railway project.
Cat Linh-Ha Dong urban elevated railway, Hanoi’s first metro project, will be certified as safe for operation soon, according to a representative of the Railway Project Management Unit under the Ministry of Transport (MoT).
The Ministry of Transport (MoT) will allocate the funding for the Cat Linh-Ha Dong urban railway project to its main contractor, in line with the signed Engineering-Procurement and Construction (EPC) contract, Deputy Minister of Transport Nguyen Ngoc Dong has said.
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Deputy Minister of Transport Nguyen Ngoc Dong speaks at the Government’s regular press conference on June 2 (Photo: VNA) 
