Ho Chi Minh City Metro Line 2 Latest Updates Q4/2021

Metro Line No. 2 passes through 6 districts of Ho Chi Minh City including: District 1, District 3, District 10, District 12, Tan Binh District and Tan Phu District, with a total area of ​​251,136m2. The HCMC Urban Railway Project Management Board has reported on the progress of compensation, support, resettlement and technical infrastructure relocation of the construction project of the metro line No. 2 Ben Thanh – Tham Luong (metro No. 2 route), the handover area of ​​the project has reached nearly 80%. Currently, the districts have basically completed the procedures to issue the decision on compensation for 601/603 cases (except for District 3, the remaining districts have reached 100%). Up to now, the rate of handover of premises has reached 79.1%, with 447/603 cases of handover.

Specifically, the People’s Committee of Tan Binh district has handed over the premises of 2 stations (S10-Pham Van Bach; S11-Tan Binh); The People’s Committee of Tan Phu District handed over the ground for 3 stations (S9-Ba Queo; S10; S11) and the road leading to Tham Luong depot; The People’s Committee of District 10 has handed over the ground for 2 stations (S3-Demo; S5-Le Thi Rieng); and District 12 People’s Committee handed over the road leading to Tham Luong depot.

According to the plan, localities will hand over the remaining ground to the Urban Railway Management Board in the fourth quarter of this year, except for District 3 because the adjusted land price coefficient in this district has not been approved.

The City’s Urban Railway Management Board said that, from the beginning of 2021 until now, the progress of handing over the site has slowed down, only increasing by 19 cases, accounting for 3.15%, due to the specific land price coefficient. In District 3, in some cases, the land has not been handed over because the households have not yet accepted the compensation price.

In addition, because the city focuses all its efforts on the prevention and control of the Covid-19 epidemic, it affects the overall progress of compensation, support and resettlement because it does not directly mobilize people to receive compensation funds and hand over the premises.

Faced with the above situation, the Urban Railway Management Board proposed to the People’s Committee of Ho Chi Minh City to direct localities to focus on promoting the development of effective mechanisms to speed up the implementation of metro lines No. 1 and No. 2; including the compensation, support and resettlement of metro line 2.

Regarding site clearance and project resettlement, the People’s Committee of Ho Chi Minh City has sent a document to the Ministry of Transport to receive and complete the Government’s report to submit to the National Assembly on the implementation of road projects. The People’s Committee of Ho Chi Minh City said that the procedures for compensation for site clearance in District 3 were lengthy and cumbersome because it was issued in the early stages of 2017.

Metro project No. 2 has a total investment of more than VND 47,890 billion after several adjustments, from ODA loans of sponsors namely Asian Development Bank (ADB), German Reconstruction Bank (KfW), Bank European Investment (EIB) and domestic counterpart capital. According to the plan, the project will organize construction in the period of 2022-2026; testing, commissioning and handing over for exploitation by the end of 2026.

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