Dong Nai approves DonaCoop - VinaCapital consortium as proposing investor for the extension of Ben Thanh – Suoi Tien metro line to Long Thanh International Airport

By: Pham Tung. Translated by: My Le – Thu Ha
13:25, 28/08/2025

The Dong Nai provincial People’s Committee has issued Document No. 4015/UBND-KTN dated August 26, 2025 approving the consortium of DonaCoop Infrastructure Investment JSC and VinaCapital Group as the proposing investor for the project to extend the Ben Thanh - Suoi Tien metro line to Bien Hoa city and Long Thanh International Airport, under the public–private partnership (PPP) model.

Đồng Nai chấp thuận liên danh Công ty cổ phần Đầu tư hạ tầng DonaCoop và Tập đoàn VinaCapital là nhà đầu tư đề xuất Dự án Kéo dài tuyến metro Bến Thành - Suối Tiên về Sân bay Long Thành. Ảnh: tư liệu
Dong Nai approves the consortium of DonaCoop Infrastructure Investment JSC and VinaCapital Group as the proposing investor for the project to extend the Ben Thanh – Suoi Tien metro line to Long Thanh International Airport. Photo: Documentary source

After considering the proposal submitted by the consortium and the opinion of the Department of Finance, the Chairman of the provincial People’s Committee agreed with the Department’s recommendation to authorise the DonaCoop – VinaCapital consortium as the proposing investor for the extension of Metro Line Ben Thanh - Suoi Tien to Bien Hoa city and Long Thanh International Airport under PPP model.

According to the decision, the research scope of the extended project covers a total length of approximately 38.5km, consisting of three sections, including a 6.5km long segment from Station S0 to Dong Nai’s new administrative centre (at Bien Hoa 1 Industrial Park); a 27km long segment from the Dong Nai’s new administrative centre to Long Thanh International Airport; and a 5km long segment from the Dong Nai’s new administrative centre to Bien Hoa city’s central axis road.

The provincial People's Committee assigned the Department of Finance as the agency responsible for receiving the project dossiers. The maximum timeframe for submitting the investment policy proposal is nine months from the date of approval for the proposing investor.

Previously, the DonaCoop – VinaCapital consortium submitted a written request to provincial authorities, seeking approval to study the possibility for the extension of the Metro Line No. 1 (Suoi Tien – Long Thanh) and the development of a Transit-Oriented Development (TOD) smart urban model along the route.

The total estimated investment is approximately VND 65 trillion (excluding site clearance and compensation costs), fully financed by private capital from the consortium and its partners.

By: Pham Tung

Translated by: My Le - Thu Ha