Economic hub’s loan wish list

June 23, 2012 | 13:00

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The southern hub wants ADB loans for 11 key infrastructure projects.

It has just proposed the Ministry of Planning and Investment (MPI) put 11 key projects onto a list of projects funded with Asian Development Bank (ADB) loans between 2013-2015.

Large-scale traffic and water supply projects highlight the list, with the first being urban rail route 3A linking Ben Thanh Hub with Tan Kien in Binh Chanh district.

Subway route No.2, an elevated road along the Nhieu Loc-Thi Nghe Canal, upgrading and expanding the street axis An Duong Vuong-Phan Anh-Binh Long-Village Road No. 3, phase two of the city's North-South railroad project from Ong Lanh Bridge to Nguyen Van Linh Blvd are the other traffic projects.

The people's committee proposal made early this week also mentioned a project to build a facility to treat sludge from water plants, repairing the D2000 water pipe system, completing a data transmission network, two projects to minimise water loss on a large scale and installing a major water pipe system along Au Co Street in Tan Binh district.

The city administration said the 11 key projects needed huge investment.

In addition, the people's committee proposed the MPI to ask for the prime minister's approval to build a new Ho Chi Minh City Children's Hospital and a new cancer hospital with Kuwaiti official development assistance. It is estimated that the two hospitals would cost $192 million to build.