Korean investors join Metro Line 5 16:20 | 23/02/2021
Export-Import Bank of Korea (Kexim Bank) proposed investing in phase 2 of Metro Line 5 under the form of public-private partnership (PPP).
Metro Line 5, phase 2, has a total length of about 14.5km, from Bay Hien intersection to the new Can Giuoc bus station
In a letter sent to the Management Authority for Urban Railways of Ho Chi Minh City (MAUR) and Ho Chi Minh City Peopleâs Committee, Soun-young Chung, general manager of Kexim Bank s Global Business Cooperation Division said that the bank will soon finance the pre-feasibility study.
The project will transform from official development assistance (ODA) to the public-private partnership (PPP) model.
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