HCMC receives ODA for metro project

^- ⁺ A^- A⁺ 10/03/2011

PM Nguyễn Tấn Dũng has recently approved a project to building a metro line No. 5 from Bảy Hiền crossroads to Sài Gòn Bridge in Hồ Chí Minh City, with Spain’s ODA.

The Municipal People’s Committee of Hồ Chí Minh City was assigned to ask contractors to map out feasible reports and ensure capital provision for the project.

The Ministry of Planning and Investment will be responsible for informing the Spanish side about the project in line with reached agreements between the two Governments.

Earlier, Spain pledged to provide EUR 500 million in ODA for the construction of the first phase of metro line No.5 in Hồ Chí Minh City.

Metro lines	Length	ODA Donors
No. 1 Between Bến Thành Market to amusement park of Suối Tiên	19.7 km including 2.6km-long underground section and a 17.1km elevated section	Japan Bank for International Cooperation
No. 2 Between Bến Thành Market to An Sương bus station	19 km	- German bank KfW - Asian Development Bank (ADB) - European Investment Ban (EIB)
No. 3 Between National highway 13 to Tân Kiên	23 km
No. 4 Between Bến Cát Bridge and Nguyễn Văn Linh	24 km
No. 5 Between Cần Giuộc bus station in district 8 to Sài Gòn bridge	17 km	The Spanish Government (first phase)
No. 6 between Bà Quẹo in Tân Bình district and Phú Lâm in district 6	6 km