The Ho Chi Minh City People’s Committee has asked the Government’s permission to get Japanese official development assistance (ODA) loans for construction of underground metro routes 3a and 3b.
|The first metro route Ben Thanh-Suoi Tien broke ground in HCMC in 2012 (Photo: SGGP)|
The 3a metro will stretch over 9.7 kilometers linking Ben Thanh Market in District 1 to Mien Tay Bus Station in Binh Tan district. Total investment capital is estimated at VND32.2 trillion (US$1.43 billion).
The 3b route will connect Cong Hoa crossroads in District 3 with Hiep Binh Phuoc ward in Thu Duc district. The 12.1 kilometer work is expected to cost VND33.7 trillion (US$1.50 billion).
In 2012, the city started building the first metro line Ben Thanh-Suoi Tien at a total capital of US$2.49 billion from Japanese ODA loans and the state budget.