Hanoi (VNA) – Hanoi authorities said constructionprogress is being speeded up so that the Hanoi Train Station-Nhon urban railwayproject (Route No. 3) will be completed in 2021.
The municipal People’s Committee submitted the plan oncapital use and debt payment for the project to the city’s People’s Council atits ongoing 4th session.
Under the plan, developed by the Hanoi Metropolitan RailwayManagement Board, the building of Route No 3 will use over 957.26 million EURin official development assistance (ODA) loans, provided by the FrenchGovernment (335 million EUR), the French Development Agency (179 million EUR),the European Investment Bank (141 million EUR) and the Asia Development Bank(about 302 million EUR).
As such, debt payment will start this year.
Currently, bidding process and contracts have been signedfor 8 out of the total 9 bidding packages under the project. Approximately 30percent of the workload has been completed so far.
The Hanoi Train Station-Nhon route has a total length of12.5km, comprising 8.5km of an elevated track that will connect Nhon depot withThu Le Zoo, and a 4km-long underground track that will link Thu Le with theHanoi railway station.
The line will start at Nhon and reach Cau Giay via NationalHighway 32, Ho Tung Mau and Xuan Thuy streets. It will also pass through KimMa, Nui Truc and Quoc Tu Giam streets. The last stop will be the Hanoi railwaystation at the T-junction of Le Duan and Tran Hung Dao streets.-VNA