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Why HCMC's metro line is yet to get on track

Trung cấp
Social Issues

April 14

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The first metro line in HCMC has been

a long time coming
, and it has
yet to materialize
, despite the fact that development on the project began a decade ago. The failure of stakeholders to
anticipate difficulties
, find solutions, and implement them in a timely manner has been
the fundamental cause of this lengthy delay
.

To date, financial problems have been

a key source of project snags
. To keep the project moving, HCMC had to take funds from its budget and make
advance payments
multiple times so that the investor, the HCMC
Management Authority for Urban Railways
(MAUR), could pay contractors and workers. The project's
capital release
was delayed due to modifications to the project's overall investment.

Apart from budgetary difficulties, the Metro No. 1 building process met a number of technical issues that hampered the project's progress. Another

impediment
to the project's progress was a human resource issue. In August 2012, work on Metro Line No.1, Ho Chi Minh City's first such project, began. It was supposed to be finished in six years. The project was also
envisioned as a basis for the building of further metro lines
, but ten years later, it remains unfinished, with the city anticipating that it will be operating next year.

Từ vựng

Quiz

QUIZ 1/3

When was the metro line expected to finish?

In 2018

0% chọn

6 years ago

0% chọn

Not specified

0% chọn

When is it expected to operate now?

Why did HCM have to make advance payments?

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