Proposal for investment policy on urban railway line No. 1 Binh Duong - Suoi Tien

(PLVN) - Deputy Prime Minister Tran Hong Ha has just issued a document assigning the Minister of Construction, authorized by the Prime Minister, to sign on behalf of the Government a Submission to the National Assembly for consideration and decision on the investment policy for the urban railway project No. 1, section Binh Duong New City - Suoi Tien (HCMC). Previously, the pre-feasibility study report of the project was approved by the State Appraisal Council.

The No. 1 Urban Railway Project ( Binh Duong New City - Suoi Tien) is identified as a key transport project, contributing to concretizing the approved strategy for developing the transport system and urban railway. This route is of great significance in promoting the socio-economic development of the Southeast region, ensuring smooth connection between major economic centers of the region.

The route will help reduce traffic on major routes, limit congestion on routes such as National Highway 13, Provincial Road 743, My Phuoc - Tan Van, Hanoi Highway, etc.

The railway line is approximately 29.01km long, starting at Binh Duong New City Central Station and ending at Suoi Tien Bus Station (connecting with Ho Chi Minh City Urban Railway Line No. 1), with an estimated land use requirement of approximately 58ha. The railway line is designed according to double-track standards, 1,435mm gauge, electrification, and a maximum design speed of 120km/h.

The total preliminary investment of the project is about 46,725 billion VND, implemented in the form of public investment, including 16,725 billion VND from the local budget (36%) and 30,000 billion VND from mobilized sources according to the urban development model associated with transport (TOD).

In addition, there are two new urban railway lines in the area that are proposed for investment with a total investment of more than 114,000 billion VND. Of which, the urban railway line No. 2 project connects with the expanded line No. 3 of Ho Chi Minh City. And the Di An - Bau Bang railway line project has its starting point at An Binh station and its ending point at Bau Bang station.

Duy Truong

Source: https://baophapluat.vn/de-xuat-chu-truong-dau-tu-tuyen-duong-sat-do-thi-so-1-binh-duong-suoi-tien-post553648.html