Investment

Hanoi’s ambitious metro line expansion will require far more than fiscal capacity and new financing tools to deliver on its promise.

The Excellence in Design for Greater Efficiencies (EDGE) certification is used in more than 129 countries and territories to assess buildings' performance in energy efficiency, water conservation and sustainable building materials.

Under a new Government Decree, organizations and individuals engaged in research and development of technologies listed in the Strategic Technology Catalogue will enjoy special incentives in finance, taxation, human resources, intellectual property, research infrastructure, and credit.

Hanoi’s simultaneous launch of five metro lines signals a new approach to the capital’s urban rail development, with lessons learned from past standalone projects.

The project's phase 3 spans approximately 32.6 km, passing through several communes and wards, including Lan Phong, Tra Cau, Duc Pho, Khanh Cuong, and Sa Huynh.

The whole project, covering 6.2ha at Chu Lai Open Economic Zone, carries total investment capital of nearly $40.6 million.