Progress and update on Ho Chi Minh City’s 6 MRT lines infrastructure of total value US$18 billion, including latest approved MRT line infrastructure project (approved on 22 November 2017), on the extension of HCMC MRT Line 1 to Binh Duong and Dong Nai Province in Vietnam, of total value over US$950 million, all this is geared towards reaching out to a diverse perspective and expertise to fine tune and closes the gap between aspects of planning/development and the market reality, with plenty of opportunities for industry players to review possible business opportunities in planning, constructing and maintaining MRT lines infrastructure and stations, as well as on operational, technical and procurement matters relating to systems and operations, towards achieving better rail reliability as well as cutting-edge technologies to streamline project with greater transparency and efficiency in achieving successful delivery of HCMC MRT lines infrastructure projects, within budget and on schedule
Currently, the HCMC government plans to build a total of six MRT lines infrastructure, with construction in varying stages of development. Of these, MRT Line 1 is expected to be fully in operational by the end of 2020, however, there is possibility for early partial opening for elevated section at the end of 2018 or in 2019. The opening of MRT Line 2 shall be by the end of 2020. MRT Line 5 is scheduled for completion in 2025, will be driverless, with automated ticketing systems and smart cards. MRT Line 3, Line 4 and Line 6 are still in the planning phase. Cost estimates for MRT Lines 1 to 6 are US$2.49 billion, US$2.07 billion, US$3.69 billion, US$4.45 billion, US$4.47 billion and US$1.25 billion respectively, a total of over US$18 billion. In addition, on 22 November 2017, the HCMC Urban Railway Management Board announced that the HCMC MRT line 1 to be extended to the neighboring provinces of Binh Duong and Dong Nai. The cost of extending MRT Line 1 is estimated at US$950 million. For all industry players involved in the business of planning, constructing and maintaining MRT lines infrastructure and stations, this conference is an opportunity to participate in HCMC MRT lines infrastructure projects that will boost urban development along the route and contribute in reducing traffic overloading across HCMC, as well as to serve passengers better with faster connections across the MRT network.