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Hanoi prepares funding for new metro section

snoop1130
in Vietnam News

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Metro trains at the Nhon Depot in Hanoi. Photo by VnExpress/Giang Huy

 

Prime Minister Pham Minh Chinh has approved technical assistant funding for a new metro section in Hanoi.

 

The technical assistance project will cost $15 million, including $12.6 million of non-refundable aid from the Asian Development Bank (ADB) and European Union, with the rest drawn from Vietnamese counterpart capital, Hanoi Metropolitan Railway Management Board (MRB) stated Monday.

 

The project will allow Hanoi to complete the pre-feasibility report for a new metro section that will run 8.7 kilometers underground to connect downtown Hanoi Railway Station with the southern Hoang Mai District.

 

Full Story: https://e.vnexpress.net/news/news/hanoi-prepares-funding-for-new-metro-section-4444811.html

 

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-- © Copyright VN Express 2022-03-29

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