The Dynamic Duo: DonaCoop and VinaCapital Take on the Metro Project

The People's Committee of Dong Nai has given the green light to a joint venture between DonaCoop and VinaCapital to undertake a feasibility study for an extension of Ho Chi Minh City's first metro line, linking Ben Thanh to Suoi Tien, Bien Hoa, and Long Thanh Airport. This ambitious project, proposed under a public-private partnership (PPP) investment model, showcases the province's commitment to fostering innovative infrastructure developments.

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According to Báo Đồng Nai, the People’s Committee of Dong Nai Province has issued Document No. 4015/UBND-KTN, approving the consortium of Donacoop Infrastructure Investment JSC and VinaCapital Group as the investor to propose the extension of the Ben Thanh – Suoi Tien metro line to Bien Hoa City and Long Thanh International Airport under the public-private partnership (PPP) format.

This decision was made after considering the investor’s proposal and the opinion of Ho Chi Minh City’s Finance Department.

As per the research plan, the extended metro line from Ben Thanh to Suoi Tien to Bien Hoa and Long Thanh will be approximately 38.5 kilometers long and divided into three sections.

The first section, measuring 6.5 kilometers, will connect from station S0 to the new administrative center of the province in Bien Hoa Industrial Park I. The second section, stretching about 27 kilometers, will run from the new administrative center to Long Thanh International Airport. The remaining 5-kilometer segment will link the new administrative center with the central axis of Bien Hoa.

The People’s Committee has entrusted the Finance Department to receive the project dossier, with a maximum of nine months given to submit the investment proposal report from the date of approval of the investor proposal.

Previously, the Donacoop – VinaCapital consortium had sent a document to the authorities in Dong Nai, proposing the establishment of a research report on the extension of metro line 1 (Suoi Tien – Long Thanh) and the development of a smart urban model TOD (Transit-Oriented Development) along the route.

The estimated total investment capital is about VND 65,000 billion (excluding site clearance compensation costs), utilizing 100% private capital from the consortium and partners.

The consortium plans to construct and complete the project within 4-6 years from the date of site handover.

Thien Van

– 11:12 28/08/2025

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