Hanoi Metro: Vinhomes-SGC consortium signs 900,000 billion VND contract

Hanoi Metro Vinhomes SGC urban railway infrastructure investment

The Hanoi Urban Railway Management Board has signed a contract with the Vinhomes – SGC consortium to develop five urban railway lines in Hanoi: lines 1, 2, 8, 10, and 14. The project, totaling approximately 253.5 km including maintenance depots, is being executed under a turnkey (EPC/Turnkey) model with a total investment of nearly 900,000 billion VND, excluding land clearance costs.

To ensure the project meets its target operational date of December 31, 2030, the consortium has mobilized significant resources, including over 100 Tunnel Boring Machine (TBM) production lines and more than 50 diaphragm wall equipment lines. The consortium is also collaborating with international consultants from Europe, Japan, South Korea, and China to finalize detailed designs.

Separately, the Ministry of Construction reported that expanding the North-South Expressway via Public-Private Partnerships (PPP) is a feasible strategy. The proposed expansion aims to increase several sections from four to six lanes, with a preliminary total investment estimated at 178,357 billion VND.

Entities

Hanoi · Hanoi Urban Railway Management Board · Ministry of Construction · SGC Investment and Construction JSC · Saigon Petro · Trần Hồng Minh · Tây Ninh People's Committee · Vingroup · Vinhomes

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] The total investment for the 5 metro lines is nearly 900,000 billion VND, excluding land clearance costs. congnghevadoisong.vn · mekongasean.vn · cafef.vn
[○ 1 SOURCE] The North-South Expressway expansion via Public-Private Partnership (PPP) is considered feasible.
[● 3 SOURCES] The consortium has secured over 100 Tunnel Boring Machine (TBM) production lines for the project. congnghevadoisong.vn · mekongasean.vn
[● 4 SOURCES] The project will be implemented under the turnkey (EPC/Turnkey) model. congnghevadoisong.vn · mekongasean.vn · cafef.vn
[○ 1 SOURCE] The preliminary total investment for the North-South Expressway expansion is approximately 178,357 billion VND.
[○ 1 SOURCE] The 5 metro lines have a total length of approximately 253.5 km. cafef.vn
[○ 1 SOURCE] The metro lines are expected to be operational before December 31, 2030. mekongasean.vn
[● 4 SOURCES] The contract covers metro lines 1, 2, 8, 10, and 14. congnghevadoisong.vn · mekongasean.vn · cafef.vn