(VOV) – The US Trade and Development Agency (USTDA) and the Ho Chi Minh City Management Authority for Urban Railways signed a grant agreement on September 18 for a feasibility study on fully integrated information solutions for the central control of a metro system in HCM City.
This is the third time USTDA has provided non-refundable aid to help the city implement an urban railway system.
Bui Xuan Cuong, head of the Ho Chi Minh City Management Authority for Urban Railways said the project has a total projected cost of US$1.5 million, of which US$900,000 is sourced from USTDA, US$600, 000 from Cisco Systems and the remaining from the city’s budget.
When the study is completed, it should help the management board outline a long-term vision, connect information system in the urban railway system and improve the efficiency of business and management capacity.
Addressing the ceremony, US embassy Chargé d’Affaire Claire Pierangelo said the US technology plays an important role in supporting HCM City’s infrastructure development while hoping that cooperative relations between the US and Vietnam will further develop in the future.
Đăng ký: VietNam News