HCM City calls for investment in metro projects

VOV.VN - Ho Chi Minh City is seeking financial backing for nine major projects, mainly metro projects, and four key industries to lay the foundations for socio-economic development in the future, said Le Thanh Liem, vice chairman of the municipal People’s Committee.

Metro projects requiring investment include Metro Line 3a from Ben Thanh to Tan Kien Station stretching 19.8km with a total investment of US$2,979 million, Metro Line 3b from Cong Hoa intersection to Hiep Binh Phuc (12km) with an estimated investment of US$1,863 million, Metro Line 4 from Thanh Xuan to Hiep Phuoc Urban Area (36km) with investment of US$3,484 million, Metro Line 4b from Gia Dinh Park to Lang Cha Ca (5.2km) US$1,035 million, Metro Line 5 (second phase) from Ba Hien intersection to Can Giuoc Moi Station (14.56km) US$2,466 million, and Metro Line 3 from Phan Van Tri intersection to Tan Chanh Hiep Station (16.5km) US$363 million.

The city is also encouraging businesses to invest in a hi-tech agricultural park on an area of 18.3ha with a cost of US$5.4 million situated in Phuoc Vinh An village, Cu Chi district, the Rach Chiec National Sports Complex on 180ha in District 2 looking for an investment of US$950 million, and a hotel at Thu Thiem New Urban Area in District 2 on 6.8ha seeking US$123.6 million.

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