A perspective view of the Ben Thanh underground station. Photo: VTC
Ho Chi Minh City
authorities have proposed the government appoint a consortium of four Japanese developers to carry out the core component of an underground trade center in the heart of the city.
The companies include Toshin Development Co. – a developer and mangers of suburban shopping centers in Japan, Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN), Nikken Sekkei Civil Engineering Ltd and Osaka Chikagai Co., Ltd.
The local government suggests using official development assistance (ODA
) loan for auxiliary premises of the Ben Thanh underground trade center.
The center will span an area of 45,000 square meters and have an investment of 6.86 trillion dong ($307.4 million). It will be located at the Ben Thanh Center Station of a Japanese-funded urban railway route that connects the downtown with suburban areas.