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Takumi Onuma, representative of Japan’s Ministry of Economy, Trade and Industry (METI), said at a meeting with Binh Duong Province’s government on Wednesday that Japan will support the province to build the metro line, according to Liem.
The project remains an idea but Liem said that it is an important project and that the Japanese Government wants to speed up investment into the project via ODA loans.
As per the plan that has already been approved, Binh Duong will become a top level city by 2020, Liem said. Therefore, he noted, demand for necessary sources for developing the city, especially its infrastructure, is really huge. And if the Binh Duong New City-Suoi Tien metro line is developed, Binh Duong’s central area will be connected with downtown HCMC, he added.
The HCMC authorities earlier planned to extend the Metro Line No.1 from Suoi Tien to Binh Duong. The city has assigned the municipal Department of Planning and Architecture and other related agencies to work with relevant authorities in Binh Duong to study the scheme’s feasibility.