The Export-Import Bank of the Republic of Korea (KEXIM) has asked Ho Chi Minh City’s authorities for permission to conduct an investment study for Phase 2 of Metro Line No. 5, set to be carried out in the public-private partnership (PPP) format.
The opening of the first metro line in Ho Chi Minh City, which runs between Ben Thanh Market in District 1 and Suoi Tien Theme Park in District 9, will be delayed until 2022, city authorities have said.
The Management Authority for Urban Railways of Ho Chi Minh City (MAUR) and contractors kicked off work on power supply for the southern economic hub’s first metro line project on February 19, which has now seen 82% of works completed.