|Suoi Tien Park from the outside (Photo: TC)|
In a recent proposal to the government, the Ho Chi Minh City People’s Committee recommended that capital donated by the Japanese government through the Official Development Assistance (ODA) fund should be allocated for use in the development of a new railway line in Ho Chi Minh City. It is estimated that the new line will cost over US$1 billion.
The construction of the Ben Thanh – Cho Nho – Suoi Tien line is considered by the Committee to be essential, since the city’s infrastructure has yet to meet the demands of socio-economic development in the so-called southern key economic zone.
This zone includes Ho Chi Minh City and seven provinces: Binh Duong, Dong Nai, Ba Ria - Vung Tau, Binh Phuoc, Tay Ninh, Long An, and Tien Giang.
If approved, the project will help reduce the burden on the city’s transport infrastructure.