When large private enterprises of Vietnam participate in urban railway projects, they are expected to make big changes to progress, giving HCM City the opportunity to build an urban railway network in a fast, quality, and cost-saving manner.
The plan outlines seven key focus areas, notably including the drafting of specific legal documents to spell out details on the provisions of the resolution, the planning of the urban railway network and transit-oriented development (TOD) areas and the preparation and implementation of major investment projects for the 2026-2045 period.
Regarding the North-South high-speed railway, Prime Minister Chinh reiterated that under Resolution No. 106/NQ-CP, the Government has approved the overall implementation plan, ensuring construction starts no later than December 2026.
The National Assembly on February 19 approved a resolution that strongly empowers Hanoi and Ho Chi Minh City in implementing investments in urban railway projects.
Ho Chi Minh City is set to develop a 49-km metro line connecting the downtown area to Can Gio district to synchronise its urban railway network and improve public transportation.
Ho Chi Minh City will need about 40.21 billion USD for constructing seven urban railway lines with a total length of about 355km by 2035, its Transport Department said.
Deputy Prime Minister Tran Hong Ha received a delegation of the Mouvement des Entreprises de France (MEDEF) or the Movement of French Enterprises - the largest employer federation in France on November 18 in Hanoi.
The first two first urban railway lines in Hanoi have attracted a large number of passengers, helping modernise the public transportation network and ease traffic congestion, which is an important prerequisite for the city to strongly develop this means of transport in the coming time.
The two largest cities of Vietnam, Hanoi and Ho Chi Minh City, are developing plans to mobilise capital for constructing an extensive urban railway (metro) network by 2035.
Urban railway creates an important locomotive for the rapid and sustainable socioeconomic development for Hanoi in the time to come, in association with urban development.
The Hanoi Department of Transport has just submitted an investment proposal and a pre-feasibility study report on a project to build a tunnel connecting two urban railway lines, No 2A and line No 3.
Hanoi hopes for the World Bank's continued support to and collaboration with Hanoi in the implementation of projects across various fields, including wastewater management and the establishment of ten urban railway routes.
Hanoi's urban railway and bus systems transported more than 417 million passengers in the first three quarters of the year, equivalent to 96.4% of the set plan, and representing an increase of 56.8% compared to the same period last year.
As of August 28, about 99.5% of the work on the construction of the elevated section of the Nhon-Hanoi Station metro line had been completed, including the accomplishment of eight elevated stations across the line, according to the Hanoi Urban Railway Project Management Board.
Prime Minister Pham Minh Chinh on July 13 demanded drastic moves to tackle bottlenecks related to site clearance and construction materials facing key transport projects nationwide.
Nine pedestrian bridges are being built over Hanoi Highway in Ho Chi Minh City to serve passengers at nine of the 11 elevated stations of the first metro line here, the HCM City Management Authority for Urban Railways has said.
Nearly 30 technicians and managers attended a training class on March 18 as a preparation for the operation of urban railway Metro Line No1 (Ben Thanh-Suoi Tien) in Ho Chi Minh City.