According to the People’s Committee of Dong Nai province, after meeting with various departments, the province has approved the proposal of the Department of Finance to allow investors to study and implement the extension of Metro Line 1 from Ben Thanh to Suoi Tien to Tran Bien Ward (old Bien Hoa City) and Long Thanh International Airport.
Metro is a popular choice of transportation for students, commuters, and workers. Photo: Hoang Trieu
Specifically, Dong Nai province approved the proposal of the Department of Finance to assign the consortium of Donacoop Infrastructure Investment Joint Stock Company and VinaCapital Group as the investor to propose the project to extend the Ben Thanh-Suoi Tien metro line to Bien Hoa City and Long Thanh International Airport in the form of a Public-Private Partnership (PPP).
The scope of the study for the project to extend the Ben Thanh-Suoi Tien metro line to Tran Bien Ward and Long Thanh International Airport is approximately 38.5 km in total length and is expected to comprise three sections:
The first section, from S0 station to the new administrative center of Dong Nai province (in Bien Hoa Industrial Park 1), is approximately 6.5 km long.
The second section, from the new administrative center of Dong Nai province to Long Thanh International Airport, is approximately 27 km long.
The third section, from the new administrative center of Dong Nai province to Tran Bien Ward, is approximately 5 km long.
The People’s Committee of Dong Nai province assigned the Department of Finance as the agency to receive the project proposal.
Previously, the Donacoop-VinaCapital consortium had sent documents to the provincial authorities regarding the preparation of a proposal for the investment policy for the project to extend Metro Line 1 from Suoi Tien (S0) to Long Thanh and develop a smart urban model TOD (Transit-Oriented Development).
The total expected investment capital is about VND 65,000 billion (excluding site clearance compensation costs) and will be fully funded by private capital from the consortium and its partners.
Metro Link to Connect Ho Chi Minh City and Long Thanh Airport: Dong Nai Approves Investment Study by Renowned Consortium
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The Dong Nai People’s Committee has given the green light to a consortium to propose an extension of the Ben Thanh – Suoi Tien metro line to Tran Bien Ward and Long Thanh International Airport. With a total length of approximately 38.5 kilometers, this metro line is set to revolutionize transportation in the area. Comprising three distinct sections, the project boasts an impressive estimated investment of VND 65,000 billion.
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