Ho Chi Minh City builds project to mobilize investment capital for hundreds of kilometers of urban railway

đường sắt đô thị - Ảnh 1. — In addition to the urban railway lines that will be invested with budget capital, many businesses have proposed that Ho Chi Minh City research and implement projects - Photo: BAC HA

Regarding the implementation of investment preparation for urban railway routes according to Resolution 188 of the National Assembly , Vice Chairman of Ho Chi Minh City People's Committee Bui Xuan Cuong assigned the Department of Construction to preside over and coordinate with the Urban Railway Management Board and related units to review the overall planning of the urban railway network, according to the new model and vision, in accordance with the expansion of administrative boundaries.

On that basis, advise the City People's Committee on the implementation plan in July 2025.

Along with that, the Department of Construction coordinates with the Department of Justice to monitor, complete documents, advise the City People's Committee to submit to the City People's Council to issue a resolution with specific regulations on the establishment, appraisal, approval, and adjustment of route plans and locations of urban railway projects; planning of traffic-oriented development areas (TOD)...

This task must ensure progress to be presented at the City People's Council meeting scheduled to take place on July 27.

Regarding capital, the City People's Committee assigned the Department of Finance to preside over and coordinate with the Urban Railway Management Board and related units to develop a project to mobilize and allocate investment capital, ensuring the progress of urban railway implementation according to the appendix of Resolution 188.

The City People's Committee also requested the Department of Finance to urgently develop a plan to implement the Law on Investment under the public-private partnership (PPP) model, including specific procedures and instructions on the preparation, appraisal, approval, bidding, contract signing, and management of PPP project implementation.

At the same time, perfect regulations and mechanisms to attract private investment, ensuring efficiency, transparency and fairness in implementation; creating an attractive investment environment to attract domestic and foreign investors.

In the immediate future, the city will focus on implementing key, large-scale PPP projects, especially in the field of urban railways, to submit to competent authorities for consideration and decision.

Which urban railway lines in Ho Chi Minh City are being invested in?

According to the plans, the urban railway network of Ho Chi Minh City (after the merger) is about 1,012km long. Ho Chi Minh City is reviewing and adjusting the master plan until 2040, with a vision to 2060.

Including the overall review of the urban railway network planning according to a new model and vision - suitable for the expansion of administrative boundaries.

The city has also issued a plan to implement Resolution 188 to simultaneously invest in 7 metro lines with a length of 355km, to be completed by 2035. Particularly, metro line No. 2 (Ben Thanh - Tham Luong) will strive to start construction in 2025.

At the same time, the railway connecting Tan Son Nhat airport - Long Thanh airport (Thu Thiem - Long Thanh) and the railway connecting the center of Ho Chi Minh City with Can Gio are also speeding up procedures for investment.

A few days ago, the Ho Chi Minh City Urban Railway Management Board also proposed to the City People's Committee to assign tasks and allocate capital to prepare for investment in two metro lines connecting the old Binh Duong area, including metro line 1 ( Binh Duong New City - Suoi Tien) and metro line 2 (Thu Dau Mot - Hiep Binh Phuoc).

Back to topic

DUC PHU

Source: https://tuoitre.vn/tp-hcm-xay-dung-de-an-huy-dong-von-dau-tu-dong-loat-hang-tram-km-duong-sat-do-thi-20250718164734536.htm