on schedule and within budget

Vietnam’s ability to keep the project on schedule and within budget is another significant concern. The country’s experience with metro projects in Hanoi and HCMC, where cost overruns totalled US$3.4 billion and almost doubled the initial estimates, highlights the risk of financial mismanagement.[15] It is not uncommon for projects of this magnitude to experience cost overruns. For example, the Jakarta-Bandung HSR, initially estimated at US$35 million per kilometre, ended up costing US$52 million per kilometre ufabet