Plans to Build US$1.2 Billion Metro Line in Approved

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Oct. 9 – Plans to build a US$1.247 billion underground metro line in Ho Chi Minh city has been approved by Deputy Prime Minister Nguyen Sinh Hung.

Funding for the huge infrastructure will come from loans from Asian Development Bank, German bank KFW, and the European Investment Bank.No further details of the project have been released according to Dow Jones.

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