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HCM City invests US$137 million in rapid bus transit

Ho Chi Minh City’s Urban Civil Works Construction Investment Management Authority (UCCI) officially released information pertaining to the Bus Rapid Transit (BRT) No 1 project on August 12.

Ho Chi Minh City’s Urban Civil Works Construction Investment Management Authority (UCCI) officially released information pertaining to the Bus Rapid Transit (BRT) No 1 project on August 12.

Accordingly, the BRT system has a total investment of US$137.5 million, US$124 million of which is to be financed by loans from the World Bank, with the balance to be covered by the city’s budget.

The 23-kilometre line will run along Mai Chi Tho and Vo Van Kiet Avenues throughout districts 1, 2, 5, 6, 8, Binh Tan and Binh Chanh.

The project will operate 28 buses fuelled by compressed natural gas (CNG) and equipped with the modern Intelligent Transportation System (ITS).

According to Luong Minh Phuc, Head of UCCI, the project coupled with a new metro system will contribute to developing the city’s public transport system in the future.

On the occasion, the UCCI officially launched a corporation identity programme (CIP) of the Saigon BRT brand including the image of a blue and orange soaring swift.

Source: Nhan Dan
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