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ADB, European Bank, Spain fund Metro Line No. 5 in HCM City

Ho Chi Minh City Metro Rail System MapThe Asian Development Bank (ADB), European Investment Bank (EIB) and Spanish government approved to fund construction of a third metro line in Ho Chi Minh City.

Specifically, ADB agreed to contribute $500 million, the EIB 150 million euros ($199 million), and Spain 200 million euros ($265.5 million), for the first stage of the project to build a 8.9 km section of Metro Line No. 5, which will link Saigon Bridge in Binh Thanh district to Bay Hien intersection in Tan Binh district.

This is the third metro route in the city. The other two are Metro Line No.1, running from Ben Thanh market in District 1 to Suoi Tien tourist park in Thu Duc district, and Metro Line No.2, which links Thu Thiem New Urban Area in district 2 to An Suong bus station in District 12.

Construction on Metro Line No. 5 is scheduled to start in 2015 to link the Metro Line No. 1 (construction began in 2012) and Metro Line No. 2 ( construction to start in 2014).

After completion, the three metro lines are expected to each carry about 526,000 passengers a day.

 

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Ho Chi Minh City Metro Rail System Project Underway: Line #1 (Blue Line) and Line #2 (Red Line)

Click on this link for the source document: Preparing the Ho Chi Minh City Metro Rail System Project, Technical Assistance Report, Oct 2006 (MVA Asia Limited), pdf file, 19pp.

Click on the image to zoom in for bigger view.

Metro Line No. 1 is the Blue Line shown on the map below.

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