HCM City Develops Two MRT Rail Lines

The Asian Development Bank (ADB) will prepare a US$1.7-million technical assistance grant to help develop two urban mass rapid transit (MRT) rail lines in Ho Chi Minh City. The non-refundable grant is from ADB's Japan Special Fund, funded by the Government of Japan.

 

The MRT railways planned under the project are two of the six lines to be developed in the city from now until 2020, requiring a total possible investment of above US$5 billion. The two lines, projected to cover a total of 20.6 kilometres with 22 stations, will traverse Ho Chi Minh City’s downtown.

 

The ADB technical assistance grant will also finance the preparation of a consolidated MRT network master plan and land use strategy that maximizes MRT use and reflects anticipated demand.