The Korea International Cooperation Agency (KOICA) has granted HCM City a fund of US$5 million to make a feasibility study of the 14.5km long Metro Line No5 in stage 2's construction phase, connecting Bay Hien Intersection and Can Giuoc Bus Terminal in the city.
Meanwhile, according to the Municipal Management Authority for UrbanRailways (MAUR), the Korea Eximbank (KEXIM), as the consultative agency, has begun making a pre-feasibility study of a 2km long metro line from Lang Cha Ca crossroad in Tan Binh district to Tan Son Nhat airport in February this year after the Korean Government agreed to give US$1 billion for the study.
The Republic of Korea is the fourth country taking part in metro projects in HCM City.
