Home Lifestyle Ho Chi Minh City has once again set a new completion date for Metro Line 1, following multiple delays

Ho Chi Minh City has once again set a new completion date for Metro Line 1, following multiple delays

by BusinessMagazine

According to the latest decision by the Ho Chi Minh City People’s Committee, the Ben Thanh – Suoi Tien metro line will finalize construction and begin full commercial operations by the end of the fourth quarter.

All other aspects of the project remain unchanged from the investment policy previously approved by the relevant authorities.

The People’s Committee has tasked the Ho Chi Minh City Urban Railway Project Management Board (MAUR) — the project’s investor — with ensuring compliance with regulations and adhering to the new completion and operation schedule.

MAUR is expected to develop a detailed plan to complete the remaining tasks on time, including measures that hold all parties accountable and provide penalties for delays, while identifying potential risks.

The People’s Committee also emphasized that MAUR should proactively address disputes with contractors, preventing any issues from affecting the project timeline.

Furthermore, MAUR must avoid incurring additional costs due to project timeline adjustments. If any such costs arise, the investor and associated parties must find legal solutions to address them.

The reason for the schedule adjustment stems from the fact that the previous completion date was set for the end of the fourth quarter of 2023. While the project is 98% complete, key tasks remain unfinished, preventing the project from being finalized and accepted.

As a result, the construction completion date has been extended from the fourth quarter of 2023 to the fourth quarter of 2024 to allow for continued project funding.

Metro Line 1 is currently 98% complete, stretching 19.7 km, including 2.6 km underground and 17.1 km elevated. The project’s total adjusted investment stands at 43.7 trillion VND. The route passes through District 1, Binh Thanh, Thu Duc City (HCMC), and Di An (Binh Duong).

The line features three underground stations — Ben Thanh, Opera House, and Ba Son — and 11 elevated stations, including Van Thanh, Tan Cang, Thao Dien, An Phu, Rach Chiec, Phuoc Long, Binh Thai, Thu Duc, High-Tech Park, National University, and Suoi Tien Bus Station.

Source: Vietnam Insider

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