Hochiminh is trying to make funds for metro PJT

2019-03-12     NGUYEN ANH DUONG 기자

(Engineeringdaily) Nguyen Anh Duong = Hochiminh city wants to complete the metro project.

12th Nguyen Thanh Phong (Chairman of Hochiminh) has informed Prime Minister Nguyen Xuan Phuc that the city needs over $91.78million to pay dues relating to construction of its first metro line,

The metro project is being built using ODA(Official Development Assistance) from Japan. Work started in August 2012 and the project was expected to be finished in 2017 but financing and staffing challenges have caused repeated delays.

The first metro line, Ben Thanh – Suoi Tien, runs 20㎞ through the districts of 1, 2, 9, Binh Thanh, and Thu Duc of Hochiminh, and Di An District in the neighboring province of Binh Duong.

Nguyen Thanh Phong has explained the request saying the city has previously made advance payments for the project from its own budget,

The chairman pledged that the city will repay the money to the government when it receives funds from the Ministry of Planning and Investment.