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Proposal to establish Metro and TOD Corporation to develop urban railway

VTC NewsVTC News16/02/2024


On February 16, Chairman of the Ho Chi Minh City People's Committee Phan Van Mai chaired a meeting of the Advisory Council to implement Resolution 98/2023 of the National Assembly on piloting a number of specific mechanisms and policies for the city's development; and the Advisory Group of Experts to build and develop the city's urban railway system.

At the meeting, members of the Advisory Council and the expert group focused on giving comments on the project to develop an urban railway system (Metro) combined with an urban development model oriented towards public transport development (TOD) in the area.

Dr. - Architect Ngo Viet Nam Son said that Ho Chi Minh City completing 220km of urban railway by 2035 is a difficult task. Therefore, the city needs to have a different mindset and a different way of doing things than the current way.

Dr. Ngo Viet Nam Son expressed his opinion at the meeting. (Photo: Vu Phong)

Dr. Ngo Viet Nam Son expressed his opinion at the meeting. (Photo: Vu Phong)

Therefore, Mr. Son proposed to establish Metro Group and TOD (transport-oriented urban development) as a joint stock company. The first component is the relevant departments and branches; and the Ho Chi Minh City People's Committee is the "conductor", the person with the highest shares in the group, coordinating the departments and branches smoothly.

Mr. Son also said that Ho Chi Minh City needs to approach with multi-sectoral thinking, not a single-sectoral one. All relevant departments and sectors are involved in project development and implementation.

In addition, Mr. Son also proposed that there should be a TOD project implementation board because Resolution 98 has given authority and the Central Government also strongly supports Ho Chi Minh City in implementing this method, the first in the country.

Sharing the same view, Associate Professor Dr. Vu Minh Khuong, member of the Advisory Council and Urban Railway Advisory Group, said that there needs to be an action alliance consisting of elite urban railway forces across the country and representatives of ministries, Ho Chi Minh City, Hanoi , international experts and investors to work together on the Metro system.

Concluding the meeting, Mr. Phan Van Mai, Chairman of the Ho Chi Minh City People's Committee, affirmed that not only urban railways, but also other issues of the city, the City People's Committee has directed a multi-sectoral, comprehensive approach according to the goal of sustainable development and people-centered. That is the reason why Ho Chi Minh City established many steering committees and working groups, because only one department or sector cannot solve the problem.

Regarding the proposal to establish Metro and TOD Group, Mr. Mai said that the city will study this issue further and will consider when and in what phase it will be established.

Hoang Tho



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