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HCM City monorail line No 2 costs 690 million USD

HCM City's monorail line No 2 linking District 8 with the Thanh Da - Binh Quoi Urban Area in Binh Thanh district will cost over 15 trillion VND (nearly 690 million USD).
HCM City's monorail line No 2 linking District 8 with the Thanh Da -Binh Quoi Urban Area in Binh Thanh district will cost over 15 trillionVND (nearly 690 million USD).

According to the HCM CityManagement Authority for Urban Railways (MAUR), the 27.2km route willstart from the Nguyen Van Linh Avenue- National Highway No 1 A –National Highway No 50 intersection (in District 8) and run throughdensely populated residential areas in districts Binh Chanh, 2, 7 andBinh Thanh.

An 8ha maintenance depot will be built in Phong Phu commune in Binh Chanh.

TuoiTre (Youth) newspaper quoted the authority as saying the BOT (Build –Operate - Transfer), BT (Build – Transfer) or PPP (Public – PrivatePartnership) mode of investment would be adopted.

According tothe adjusted master plan for transportation for the period through 2020approved by the Government, HCM City will have eight metro lines, sixbus rapid transit routes and three tramway or monorail lines.

The16.5km monorail line No 3 will run from the Phan Van Tri - Nguyen Oanhcrossroad (in Go Vap district) through Quang Trung Software Park to TanChanh Hiep in District 12.

The monorail lines, which can carry 90to 125 passengers and travel at 80-90 km per hour, are aimed at easingtraffic congestion, MAUR said.

A 13km tramway No 1 line will runfrom Ba Son Shipyard through Ton Duc Thang street, Me Linh Square, VoVan Kiet street, and Ly Chieu Hoang street to the Western Bus Station in(Binh Tan district), and Thanh Da Urban Area in Binh Thanh district.-VNA

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