Investors announced for Metro line 5 PPP in Ho Chi Minh City

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Urban Railways of Ho Chi Minh City (MAUR) has announced investors and consultants for the Metro line 5 project in the city. The Kemix group is financing the pre-feasibility study for the project. This 23.4 km long metro line will be implemented in two phases. In phase 1, 8.89 km long railway line from Bay Hien intersection to Saigon Bridge. Phase 2 involves a 14.5 km long metro line connecting the Bay Hien intersection to the new Can Giuoc bus station. The project was previously set to be funded by Korea International Cooperation Agency (KOICA), but is now being procured under the public-private partnership (PPP) model.

Metro line 5 is estimated to cost US$ 1.66 billion, which will be funded by the Spanish government, the Asian Development Bank (ADB), European Investment Bank (EIB), and German Reconstruction Bank (KfW).

The pre-feasibility study for the project will be funded by Kemix Bank, while Hyundai Engineering Co., Ltd., Lotte Corporation, Samil PwC, Dohwa Engineering, Sejong Corporation, and Shearman & Sterling will act as advisors to authority.

 

List of the country updates

Country updates

  • February 18, 2021

    Vietnam launches Tan Phu-Dong Nai expressway PPP concession

    The government of Vietnam has announced plans to launch the Tan Phu-Dong Nai expressway PPP concession. The 67 km long four-lane expressway will be part of the Dau Giay-Lien Khuong expressway. The pro...

    Read more
  • February 08, 2021

    Vietnam launches Quang Tri Domestic Airport PPP concession

    The Ministry of transport in Vietnam has given green light to start detailed planning for the development of a domestic airport to serve the Quang Tri province in Gio Quang Commune, Gio Linh District....

    Read more
  • January 26, 2021

    Procurement method changes for two sub-projects of expressway PPP in Vietnam

    The Government of Vietnam has approved the change in investment format of subprojects in the Eastern North-South Expressway project. The whole project consists of 11 sub-projects, out of which 6...

    Read more
  • January 13, 2021

    Construction starts at USD16 billion airport PPP project in Vietnam

    The construction works have started on the first phase of Vietnam's largest airport "Long Thành International Airport" located in Đồng Nai province near Ho Chi Minh (HCM) City, Vietnam.

    Read more
  • January 09, 2021

    Construction works started for Long Thanh Airport PPP

    The government of Vietnam has announced that construction works have started for the first phase of Long Thành International Airport in Đồng Nai province. The airport will be located near Ho Ch...

    Read more

Share this update