A final study was completed on the investment project with the assistance from the Japan Bank for International Cooperation (JBIC) in 2006 and was approved by the HCMC People’s Committee. JBIC agreed to grant an ODA Loan to the Government of the Socialist Republic of Viet Nam for investment by the Loan Agreement No.VNXIV-3 dated March 30, 2007. The alignment has the total length of 19.7km, including 2.6km underground and 17.1km elevated.
- The Underground section: Starting from Station No.1 (Quach Thi Trang Roundabout area in front of Ben Thanh Market), the line goes underground along Le Loi Street and consists of 2 horizontally aligned twin tunnels. From Le Loi Street / Pasteur Street intersection, the alignment transitions into vertically aligned twin tunnels passing to one side of the Opera House and the Saigon Power Company’s building, following Nguyen Sieu Street, passing Fafilm and going to the Ba Son Shipyard area. After Station No.3 (Ba Son Station), the alignment changes from underground to elevated. This section has a total of 3 underground stations.
- The Elevated section: The line crosses Nguyen Huu Canh Street, following the Van Thanh Canal (northern bank), gets close to Van Thanh Park, crosses Dien Bien Phu Street, crosses Saigon River at Tan Cang Restaurant area (40 m upstream of the existing Saigon bridge); after that it continues its course within the Hanoi Highway’s northern right-of-way (Hanoi Highway’s right-of-way will be cleared as planed). When reaching approximately KM 18+535, the line crosses the Hanoi Highway on its southern side to access Station No.14 (Suoi Tien Bus Terminal Station-Km 18+905). Thereafter, the line turns right and enters Long Binh Depot. This section has a total of 11 elevated stations.
The Project total investment value up to August, 2012 is approximately USD 2.4 billion.
ICC’s staff has carried out the construction surveys including:
- Geotechnical Investigation Work with 115 boreholes on land and 56 boreholes in water serving for the Detailed Design of the Contract Package 2: Civil (Elevated & Depot);
- Geotechnical Investigation Work with 22 boreholes on land serving for the Detailed Design of the Central Ben Thanh station.