Hanoi is preparing to launch the Metro Line 2A extension project with investment estimate exceeding US$1.5 billion, as part of efforts to ease traffic congestion in its southwestern gateway areas.
The Hanoi Metropolitan Railway Management Board (MRB) announced that it will organize an Early Market Engagement (EME) event for the project on June 18-19 in Hanoi to collect feedback from domestic and international businesses and consultants before the official bidding process begins.The event will be held with the support of the Asian Infrastructure Investment Bank (AIIB) and is open to contractors, suppliers, consultants and potential partners with experience in urban railway projects.According to the MRB, the project is expected to be financed through loans from the AIIB and counterpart funding from the Vietnamese government.The feasibility study (FS), including the Front-End Engineering Design (FEED), began in February 2026 and is scheduled for completion in October this year. The study also covers environmental and social impact assessments, resettlement plans, project implementation strategy and procurement plans.The MRB said the market consultation process aims to gather opinions on design options, contract packaging strategies, risk allocation mechanisms and technical and organizational solutions suitable for actual conditions.
