In a nice example of international cooperation, both Britain and Japan are assisting Vietnam in the design and funding of a new rail system for the capital, Ho Chi Minh City. The project will cost an estimated 5 billion dollars with six lines and 60 percent underground, Vietnam is very fortunate to have the kind of support Britain and Japan are offering. Japan is spending $2.7 million on design and technical assistance through grants while Britain has promised $450 million over the next five years and another $7 million when Vietnam joins the World Trade Organization.
Source: ICON international Construction Review
