(Engineering daily) Nguyen Anh Duong = Hanoi plans to borrow $1.48 billion from ODA(official development assistance) funds to build a metro section in 2021.
The new section, connecting the downtown Hanoi Railway Station with southern Hoang Mai District, is estimated to cost $1.75 billion.
The Hanoi Railway Station-Hoang Mai section is one of three sections of the 26㎞ Metro Line 3.
The other parts are the long-delayed Nhon-Hanoi Railway Station route, which is under constructed, and the Troi-Nhon section, where work is yet to begin.
The Hanoi Railway Station-Hoang Mai section will run 8.7㎞ from Le Duan Street to the Phap Van viaduct in Hoang Mai District. Most of the route will run underground.
Hanoi plans to have 9 metro lines by 2030 with vision until 2050.
