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Metro Saigon I MRT Ben Thanh-Suoi Tien I 10/2017

Construction progress of Metro Saigon I Metro Ben Thanh-Suoi Tien of 10/2017 - HCMC Urban Railway Vietnam. Two of Saigon’s largest infrastructure projects – including the high-profile Metro Line 1 and an environmental facility – might be delayed in the near future due to insufficient funds. The management board of Saigon’s metro project recently submitted a report on the progress of Line 1, which will connect Ben Thanh Market with District 9, to the Ho Chi Minh City People's Committee, reports Tuoi Tre. According to the report, the total amount of official development assistance funding (ODA) earmarked for metro construction is VND41.8 trillion (roughly US$1.8 billion). However, the report also noted that since September of last year, contractors for the project haven’t received enough funding from the central government to continue their work. The Ministry of Planning and Investment budgeted VND2.1 trillion (US$92.4 million) of ODA this year for metro construction, while it is estimated that contractors might in fact require as much as VND5.4 trillion (US$237.6 million). Please like & Subscribe for me. Thank you for watching !!