Ho Chi Minh City assigns MAUR as investor of 2 metro lines worth nearly 100,000 billion

Ho Chi Minh City assigned the Urban Railway Management Board as the investor, preparing to invest in two metro lines 1 and 2 connecting Binh Duong (formerly) with a total investment of nearly 100,000 billion VND.

According to the Decision of the Ho Chi Minh City People's Committee, the two metro projects No. 1 and No. 2 to Binh Duong will not implement the investment policy decision, but will immediately establish an investment project according to the Railway Law 2025 (amended).

On August 16, the Ho Chi Minh City People's Committee decided to assign the Urban Railway Management Board (MAUR) as the investor to prepare for investment in metro line 1 from Binh Duong New City to Suoi Tien and metro line 2 from Thu Dau Mot ward to Hiep Binh. These two metro lines have a total investment of nearly 100,000 billion VND.

Metro Line 1 Binh Duong has its starting point at station S1 in Binh Duong New City.

Specifically, the Ho Chi Minh City People's Committee assigned MAUR to urgently prepare a feasibility study report for both routes, submit it for appraisal, approval and implement the next steps.

At the same time, MAUR must develop detailed monthly, quarterly and annual plans to report to the City People's Committee and relevant departments and branches; be responsible for managing and implementing the project to ensure the correct objectives, quality, investment efficiency and progress.

The Ho Chi Minh City People's Committee also assigned the Department of Construction to review and advise on adjusting related planning, especially the planning of public transport-oriented development areas (TOD), and to guide MAUR in establishing and appraising investment projects.

The Department of Agriculture and Environment reviews land funds and land use plans on routes, and advises on effective TOD exploitation plans.

Metro line No. 1 starts from station S1 in the center of Binh Duong New City and ends at Suoi Tien station of Ben Thanh - Suoi Tien metro, with a length of more than 29km, the entire route is elevated.

This route is expected to have 17 stations and share the Long Binh depot of the Ben Thanh - Suoi Tien metro. The total estimated investment for this project is VND46,725 billion.

Before the 2025 Railway Law (amended) took effect, metro line 1 had its pre-feasibility study report completed by the State Appraisal Council and submitted to the Government .

Line 2 starts at Thu Dau Mot ward and ends at Hiep Binh ward, connecting with metro line 3 of Ho Chi Minh City (old) with a total length of 21.87km, all of which are also elevated.

This line is expected to have 13 stations and a depot shared with metro line 3 in Ho Chi Minh City at Hiep Binh.

The total investment capital of this metro line is about 50,425 billion VND. This line has also been appraised by the local Internal Appraisal Council before merging with Ho Chi Minh City.

The Ben Thanh - Suoi Tien metro line of Ho Chi Minh City, after nearly 1 year of operation, has solved huge traffic congestion in the eastern part of the city.

In July, MAUR sent an urgent dispatch to the Ho Chi Minh City People's Committee and the Department of Finance, proposing to assign the investor and arrange medium-term public investment capital for 2021-2025 and 2025 to prepare for investment. In the immediate future, 10 billion VND was proposed for each project to carry out investment preparation work.

After merging with Binh Duong and Ba Ria - Vung Tau, Ho Chi Minh City has a metro network of 1,012km with 27 routes. According to the old plan, Binh Duong area has 12 routes, Ho Chi Minh City (old) has 12 routes and Ba Ria - Vung Tau has 3 routes.

On June 27, the National Assembly passed the 2025 Railway Law, adding a number of specific and special mechanisms and policies for investment in railway development, including urban railways. Therefore, the two metro projects connecting Binh Duong are subject to new regulations on investment and construction procedures under Law No. 90/2025/QH15, and do not have to make an investment policy decision.

According to the new regulations, for local railway projects and local railway projects following the TOD urban development model, the provincial People's Committee has the authority to organize the preparation, appraisal, investment decision and adjustment decision according to the same procedures as group A projects managed by the locality according to relevant laws.

Ha Linh

Source: https://vtcnews.vn/tp-hcm-giao-maur-lam-chu-dau-tu-2-tuyen-metro-gan-100-000-ty-ar960193.html