Spanish funding for HCMC metro
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Spain has signed a Memorandum of Understanding (MoU) with Vietnam to provide up to US$700 million to help finance the planned metro system in Ho Chi Minh City (HCMC), Thanh Nien News has reported. HCMC is planning to develop an urban transport network comprising six metro lines and three monorails by 2020, in an effort to combat traffic congestion.
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