Spain will provide 500 million EUR for Ho Chi Minh City to build its metro route No. 5, said a Spanish official.

Jose Carlos Garcia de Quevedo Ruiz, Head of the Trade and Investment Department under the Spanish Ministry of Industry, made the commitment at a recent meeting with Vice Chairman of the HCM City People’s Committee Nguyen Thanh Tai in Ho Chi Minh City.

In addition to investment capital, he added that Spain will provide technical assistance, and management experience for HCM City as well as seek other partners who want to invest in the city’s metro system./.