City needs ODA loans for eight infrastructure projects

The Ho Chi Minh City People’s Committee has sent the Ministry of Planning and Investment the list of eight projects using ODA loans from the Japanese Government during period 2016- 2018.

Accordingly, eight projects include the subway station at Ben Thanh Market with its total investment capital of US$ 350 million, metro route No. 3a for the second phase with US$ 1 billion capital, the third phase of metro route No. 3b with US$ 1, 87 billion, the city's water environment improvement project for the third phase with 48 billion yen , the An Phu Intersection connecting Dong Tay and the HCMC – Long Thanh – Dau Giay expressway with ODA capital of 48, 8 billion yen, Monorail No 2 with US$ 750 million, and sky-road No 5 with US$ 750 million.

By Phuc Long- Translated by Huyen Huong

Other news