French constructors join in Hanoi urban metro project
The Hanoi Metropolitan Railway Management Board on January 17 signed a deal with a joint venture of French contractors to build a section of the urban metro connecting Nhon with the Hanoi station.
Hanoi (VNA) – The Hanoi Metropolitan Railway ManagementBoard on January 17 signed a deal with a joint venture of French contractors tobuild a section of the urban metro connecting Nhon with the Hanoi station.
The joint venture includes leading French companies, namely AlstomTransport S.A, Colas Rail S.A and Thales Communication & Security S.A.S.
The deal is worth 7,667 billion VND (334.5 million USD), sourced fromloans provided by the French Government. Construction of the railway section isscheduled for completion after 47 months.
The Hanoi urban metro project has a total length of 12.5km, including an8.5-km elevated railway and a 4-km underground section. It is estimated to costmore than 1.17 billion EUR, earmarked for nine package deals.
Once operational, the railway is expected to ease traffic jams in thecapital city.-VNA
Prime Minister Nguyen Tan Dung has approved a 59 million USD project on strengthening sustainable urban transport for Hanoi Metro Line 3 with loans from the Asia Development Bank (ADB) and the Clean Technology Fund (CTF), reports the Vietnam Government Portal.
The Vietnamese Government and the Asian Development Bank (ADB) have signed two loan agreements totalling nearly 234 million USD to support reforms to strengthen the country’s competiveness and to help deliver a sustainable urban transport system in Hanoi.
Prime Minister Nguyen Tan Dung has approved an additional grant of 69 million euros (75.1 million USD) for the Hanoi Train Station-Nhon urban metro rail project.
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Scene at the signing ceremony (Photo: VNA) 
