Viet Nam: Ho Chi Minh City Urban Mass Rapid Transit Line 2 Investment Program (Tranches 1 and 2, and Multitranche Financing Facility)

Evaluation Document | 8 March 2022

The multitranche financing facility (MFF) loan aimed to support Viet Nam’s plan to construct the HCMC Urban MRT Line 2. The investment program aimed to (i) construct 11.3 kilometers of dual track rail MRT from Ben Thanh to Tham Luong in HCMC, (ii) strengthen planning and prepare a policy framework for public transport, and (iii) provide project implementation support for urban transport agencies. The expected impact of the investment program was the establishment of an integrated, sustainable public transport system in six districts of HCMC. Its envisaged outcome was a competitive MRT services along the project corridor.

This report validates the completion report's assessment of the project. IED overall assessment: Less than successful (Tranche 1) and Unsuccessful (MFF and Tranche 2).