“Speaking at a recent meeting, Phan Văn Mãi, chairman of the municipal People’s Committee, encouraged citizens to invest in metro bonds to support infrastructure growth, despite potentially lower bank deposit interest rates.
The city has submitted a request for 14 capital mechanisms to the central government for funding 200 km of metro lines, including local government and project bonds.
Currently, only two of the planned eight lines and three monorails are under construction. The first line, spanning 19.7 km from Bến Thành Market to Suối Tiên Theme Park, is set to start operations later this year, with trial runs already underway.” – Viet Nam News
Source: HCM City To Set Issue Bonds To Fund Metro Projects
HCM City To Set Issue Bonds To Fund Metro Projects
