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Foreign loan for metro line in HN approved

VGP – The Government chief recently approved a €73 million loan funded by the European Investment Bank (EIB) for the pilot construction of Hà Nội’s metro line, section from Nhổn to the Hà Nội Railway station.

October 07, 2010 5:12 PM GMT+7

First metro line in Hà Nội will be launched  in 2015 – Illustration photo  
The metro line section extends over 12.5 km and has 12 stations. It will supposedly serve 200,000 passengers per day.

The project also covers the construction of a new depot as well as the acquisition of new rolling stock to operate the line.

The project will significantly improve Hanoians’ quality of life by increasing their mobility, alleviating traffic congestion and providing a cleaner and quicker means of transport than motorbikes and private cars./.

By Kim Loan