Foreign Lenders, Investors Eye Infrastructure Projects in HCM City
27/08/2010 12:46 pm

News/HCMC - A number of foreign banks and investors are showing their interests in metro and tramcar projects in Ho Chi Minh City.
Japan Bank of International Cooperation (JBIC) is keen on
19.7-kilometer metro route 1 linking Ben Thanh in district 1 and Suoi
Tien in district 2, Le Khac Huynh, Le Khac Huynh, chief of the HCM City
Urban Railway Management Board said.
Meanwhile, German Reconstruction Bank (KfW), Asian Development Bank
(ADB) and the European Investment Bank (EIB) are interested in
19-kilometer metro route 2 connecting Ben Thanh in district 1 and An
Suong coach station, Huynh added.
A consortium between Thanh Danh Construction and Trade Co., Ltd and Malaysia’s Tietainium Management is seeking to build a 12.5-kilometer tramcar route from Bach Dang in district 1 and Mien Tay coach station in Tan Binh district, he noted.
Huynh highlighted that some companies from Thailand, China and
Czech also showing their interests in metro routes 3a, 3b, 4 in Ho Chi
Minh City.
The city disbursed VND11.88 trillion for infrastructure projects in
the first three months this year, up 15.1% from a year earlier. The
city expects to invest VND33.67 trillion in development projects this
year.
Source: Vietnam Business Forum
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• US$523 million for transport infrastructure development in Dong Nai (03/02/2012)
• US bank to fund local wind farm projects (10/02/2012)
• VN to reserve ODA to develop infrastructure (10/02/2012)
• HCM City needs 46.8tr dong to build and repair roads and bridges (08/02/2012)
• ODA prioritized for infrastructure in next five years (08/02/2012)
• HCMC to speed up drainage projects before rainy season (08/02/2012)
• 2011 saw several outstanding deals by foreign investors (06/02/2012)
• More foreign invested projects licensed in Nghe An (06/02/2012)
• Dinh An EZ attracts 7 investment projects (05/02/2012)
• US$523 million for transport infrastructure development in Dong Nai (03/02/2012)
