Transport infrastructure to dominate $26.8 bln public investment allocation in 2024: PM
Transport infrastructure will be the biggest recipient of this year’s VND657 trillion ($26.82 billion) public investment capital allocation, Prime Minister Pham Minh Chinh said Friday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
China’s Pacific Construction to build $2.65 bln metro line in Hanoi
China Pacific Construction Group (CPCG), one of China's largest private corporations in the field of transport infrastructure, has partnered with Vietnam Construction and Import-Export JS Corporation (Vinaconex) on two major infrastructure projects totaling VND85 trillion ($3.46 billion) in Hanoi, including a $2.65 billion metro line.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Metro Star to launch 10-year capital multiplication scheme for key customers
Metro Star Investment Co., Ltd will launch a program titled “continuous capital multiplication in 10 years” for large customers joining its projects along six metro lines in Ho Chi Minh City.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
First HCMC metro line’s full trial run this month: contractor
Ho Chi Minh City plans to conduct a full trial run of its Metro Line No. 1 (Ben Thanh-Suoi Tien) later this month, after nine months of test runs on its elevated section, says contractor Hitachi Ltd.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC to develop compact cities around metro lines, Ring Road 3
Ho Chi Minh City will build compact cities near Metro Line No. 1 and Ring Road 3 to pilot the Transit Oriented Development (TOD) model, said director of the municipal Department of Transport Tran Quang Lam on Friday.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Metro Star to have pedestrian bridge connecting to metro line in HCMC
Along Ho Chi Minh City’s metro line 1 stand more than 45 real estate projects, and just a few of them will connect to the line’s stations via pedestrian bridges like Metro Star.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hanoi proposes additional $82 mln for second metro line
The Hanoi People's Committee has proposed the Prime Minister increase the total investment capital for the city’s second metro line (Nhon-Hanoi Station) by VND1.92 trillion ($81.8 million) to VND34.8 trillion ($1.48 billion).
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long-delayed HCMC metro lines face even more delays
The prolonged delays to HCMC’s first and second metro lines are likely to extend even further, mired as they are in site clearance and funding problems, the transport ministry says.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Multiple projects in HCMC eye $40 bln private capital
Ho Chi Minh City is seeking more than VND940 trillion ($40.46 billion) in private investment capital for 197 projects in areas like transport infrastructure, smart urban areas, agri, manufacturing, and environment protection.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
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