Hanoi accelerates metro construction plans

Hanoi. August 22 (VNA) – The capital city of Hanoi is pooling resources for the construction of the Nam Thang Long – Tran Hung Dao and Hanoi Station – Hoang Mai metro lines, with total investment exceeding 76 trillion VND (3.16 billion USD).

Slated to commence construction next year and complete by 2029, the Nam Thang Long – Tran Hung Dao line will span 11.5km with 8.9km underground and 2.6km elevated. It features 10 train sets and comes with a price tag of over 35.5 trillion VND.

Meanwhile, the Hanoi Station – Hoang Mai line, proposed to be funded by Official Development Assistance (ODA) capital, is estimated to cost around 40.5 trillion VND. This entirely underground line will span 8.7km, snaking beneath the bustling corridors of Tran Hung Dao - Tran Thanh Tong - Kim Ngưu - Nguyen Tam Trinh.

Vice Chairman of the municipal People’s Committee Duong Duc Tuan said according to the city's transportation master plan until 2035, Hanoi aims to boast a metro system of 10 lines stretching around 410km. Recently revised, the master plan now extends to 2065, adding 5 more lines and expanding the network to 610km.

Between 2024 and 2030, Hanoi plans to construct 96.8km of metro lines, with an investment of 14.6 billion USD. The following five years will see an additional 301km built, at an estimated cost of 22.5 billion USD.

The city has already chalked up significant milestones, with the Cat Linh – Ha Dong metro line and the elevated section of the Nhon – Hanoi Station metro line now operational and warmly welcomed by the public, Tuan said.

The total funding required for Hanoi's metro system by 2035 is estimated at 37.1 billion USD, with the city expecting to secure over 28 billion USD over the next decade. By 2035, Hanoi will need nearly 9 billion USD in support from the State budget./.