Metro Line 3 Deadline Extended
Deputy PM Hoang Trung Hai has agreed to extend the deadline for closed loan book of the Hanoi Metro Rail System (Line 3: Nhon-Ha Noi Station Section) by June 30, 2018.
The Deputy PM assigned the Municipal People’s Committee to closely work with the Management Board to implement the project on schedule and maximize the disbursement of ADB loans.
The Ministry of Planning and Investment was asked to work with the Asian Development Bank (ADB) to review and abrogate the remaining capital in order to allocate capital for other ADB-funded projects in the coming period.
The Line 3 was groundbroken on September 25, 2010. This is the largest public transport project in Hanoi.
The Project will establish an integrated sustainable public transport system in five districts of Hanoi by constructing 12.5 kilometers of a dual track rail metro line from Nhon to Hanoi railway station.
The Project will develop a new double track metro rail line in Hanoi, which is one of four priority lines of a planned larger urban transportation system under the Hanoi Urban Transport Master Plan (HUTMP).
As scheduled, the line will be put into operation in 2015 with four carriages with designed speed of 80 kilometers per hour.
VGP
Vietnamese
