Adding 69 million euros for the Hanoi Train Station-Nhon urban metro rail project
The Prime Minister has approved an additional grant of 69 million euros for the Hanoi Train Station-Nhon urban metro rail project that will be borrowed from the French Development Agency (AFD).
The Prime Minister has authorised Deputy Minister of Finance Truong Chi Trung to sign the agreement with the AFD on behalf of the Vietnamese Government.
The Prime Minister assigned the Ministry of Justice to implement procedures for providing legal opinion on the agreement to carry out the project as soon as possible.
The Ministry of Finance will be assigned to implement the procedures for allowing Hanoi People's Committee to re-borrow the capital.
The Hanoi Train Station-Nhon urban metro rail project has a total length of 12.5km, including 8.5km of an aerial track that will connect Nhon depot with Thu Le Zoo, and a 4km-long underground track that will link Thu Le with the Hanoi railway station.
The line will start at Nhon and reach Cau Giay via National Highway 32, Ho Tung Mau and Xuan Thuy streets. The last stop will be the Hanoi railway station at the T-junction of Le Duan and Tran Hung Dao street.
The Prime Minister assigned the Ministry of Justice to implement procedures for providing legal opinion on the agreement to carry out the project as soon as possible.
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The Hanoi Train Station-Nhon urban metro rail project has a total length of 12.5km, including 8.5km of an aerial track that will connect Nhon depot with Thu Le Zoo, and a 4km-long underground track that will link Thu Le with the Hanoi railway station.
The line will start at Nhon and reach Cau Giay via National Highway 32, Ho Tung Mau and Xuan Thuy streets. The last stop will be the Hanoi railway station at the T-junction of Le Duan and Tran Hung Dao street.
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