Vietnam is simultaneously constructing ambitious urban rail systems in Hanoi and Ho Chi Minh City, the country’s two largest municipalities, to pave the way for future growth and alleviate growing bottlenecks. The so-called Ho Chi Minh City Urban Rail Project is now building one of the most expensive metros in the world, with six lines planned at a cost of around US$20.4 billion. The project is being funded by a diverse set of investors, though Japanese investment and ODA represent the bulk of the financing. https://lnkd.in/dTwexBV