Management authority for urban railways, represented for People’s Committee of Ho Chi Minh City (the investor of Metro 1 project), signed the package contract number 2 (EPC) of Ben Thanh – Suoi Tien Metro project with Sumitomo contractor (Japan) and Cienco 6 (Vietnam) on May 16th, 2012.
This is the first of the four packages of the Metro project to be developed in over four years by Sumitomo – Cienco 6 join-venture with total investment capital of ¥ 62.5 billion (equal to VND 15,300 billion).
At the signing ceremony, Mr. Nguyen Huu Tin, Vice Chairman of HCMC People’s Committee, commissioned all the districts, where the Metro line,
passes, to hand over the premises to the contractor for the construction of Metro 1 right in September, 2012.
Source: VN Express, Saigon Times, …