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Wednesday, 9/7/2025 | 16:15 GMT+7

Ho Chi Minh City allocates over 2,100 billion VND for North-South high-speed rail compensation

The 17 km section of the North-South high-speed railway through Ho Chi Minh City requires over 2,100 billion VND for compensation and site clearance, with preparations underway.

This information was revealed at a review meeting on compensation, support, and resettlement for the first six months of the year, held on 9/7 at Ho Chi Minh City's Department of Agriculture and Environment.

The high-speed rail section traversing Ho Chi Minh City spans 17 km, featuring the Thu Thiem station (over 17 hectares) and the Long Truong Depot (over 60 hectares). The estimated compensation and site clearance cost exceeds 2,100 billion VND.

According to Vo Trung Truc, Deputy Director of the Department of Natural Resources and Environment, the city has tasked specialized units with reviewing and planning site clearance to ensure synchronized implementation with other localities. However, they are awaiting the Railway Project Management Board (Ministry of Construction) to provide specific boundaries for verification, measurement, compensation disbursement, and resettlement.

"As this is a national key project, Ho Chi Minh City is proactively preparing to ensure the overall project timeline", Truc said.

Deputy Director of the Department of Agriculture and Environment Vo Trung Truc speaking at the conference, 9/7. Photo: Giang Anh

Deputy Director of the Department of Agriculture and Environment Vo Trung Truc speaking at the conference, 9/7. Photo: Giang Anh

Previously, Nguyen Van Duoc, Chairman of the Ho Chi Minh City People's Committee, requested the Department of Finance to collaborate with relevant units to propose a plan for assigning investors, establishing, and appraising the compensation project for the section passing through the city. This unit was also tasked with advising on capital allocation for implementation.

City leaders also requested the Department of Construction to review the route alignment to avoid overlapping with other plans, while also researching Transit-Oriented Development (TOD) models for the Thu Thiem station and Long Truong Depot areas. The Department of Agriculture and Environment was tasked with reviewing land use plans and proposing compensation plans integrated with TOD models at these locations.

The North-South high-speed railway project spans 1,541 km, running from Ngoc Hoi station (Hanoi) to Thu Thiem station (Ho Chi Minh City). The National Assembly approved the investment with an initial capital of over 1.7 quadrillion VND (approximately 67 billion USD). The line features 23 passenger stations and five freight stations, using a 1,435 mm double track gauge and a design speed of 350 km/h. The entire line is expected to be completed in 2035, using public investment and other legal sources.

The project requires approximately 10,800 hectares of land, potentially displacing over 120,000 people. From 2025, the Ministry of Construction will prepare a feasibility study report for submission to competent authorities.

In addition to the high-speed rail project, Ho Chi Minh City's Department of Agriculture and Environment stated that the city is focusing on compensation and resettlement for several other key projects until the end of the year.

The largest of these is the National Highway 1 expansion project in the western gateway, with a compensation cost of over 9,600 billion VND, followed by National Highway 22 at over 6,200 billion VND. The North-South axis project and Binh Tien bridge and road require nearly 7,000 billion VND for site clearance.

The Ring Road 4 project, recently approved by the National Assembly, is also prioritized by Ho Chi Minh City, with a compensation cost exceeding 8,200 billion VND for the section passing through the city.

By the end of June, Ho Chi Minh City disbursed nearly 82% of the allocated compensation capital for 2025, exceeding the planned target. However, the Department of Natural Resources and Environment noted the substantial remaining workload for the last six months of the year. The city is continuing to review and address obstacles to expedite the progress of infrastructure projects.

Giang Anh

By VnExpress: https://vnexpress.net/tp-hcm-du-kien-chi-hon-2-100-ty-dong-den-bu-lam-duong-sat-cao-toc-bac-nam-4912117.html
Tags: site clearance Thu Thiem station North-South high-speed railway

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