HCM City to use municipal budget for Metro Line No. 2 project
As part of a broader initiative to develop 355km of urban railway, three transit-oriented development (TOD) sites have been designated along Metro Line No. 2, including 5.1ha in Tan Binh, 26ha in Tan Phu, and nearly 41ha between District 10 and Tan Binh.
Experts emphasised that TOD is vital for managing urbanisation, reducing congestion, and promoting economic growth.
The city’s first metro line, the Ben Thanh - Suoi Tien, began operations on December 22, 2024 after years of delays, and has already served more than 4.5 million passengers to date.Vietnam is characterised by a motorbike culture, particularly in major cities such as HCM City and Hanoi, both of which face worsening traffic congestion.
The city’s metro line system is expected to help mitigate this issue by encouraging the use of public transport.
