ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Transportation

Vietnam's first subway mired in more delays amid planned 2024 start

Hitachi files for arbitration over Ho Chi Minh City payments in Japan-led project

Ticket machines at Ben Thanh Station on Ho Chi Minh City Metro Line No. 1 are waiting to be used. (Photo by Yuji Nitta)

HANOI -- Vietnam's long-awaited first subway line is slated to open in Ho Chi Minh City by the end of this year, although the delays that have plagued construction prompted Japanese company Hitachi to file for arbitration seeking payments from the city as costs pile up.

Ho Chi Minh City Metro Line No. 1 will connect Ben Thanh Station in the city center with the eastern suburbs along 19.7 kilometers. Japan's government provided about 200 billion yen ($1.37 billion at current rates) in official development assistance (ODA) for the project from 2007 to 2023.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more