Seven Republic of Korea (RoK) groups, including Samsung, Daewoo, Ska, Kumho and Keangnam, will get involved in the building of urban railway route No. 5 linking the West Lake to Lang-Hoa Lac Road in Hanoi.

Under a memorandum of understanding (MoU) recently signed between the Vietnam Railway Department and the RoK investors, the project will be built under the business-operate-transfer (BOT) and Planning Permission in Principle (PPP) formats.

The route, expected to be built at a cost of 1.2 billion USD, will have a total length of 33.5 km and includes 22 stations./.