The Ho Chi Minh City Management Authority for Urban Railways has secured funding for construction of the 8.9 km section of Metro Line 5 from the Saigon Bridge to the Bay Hien intersection. Construction is expected to begin in 2015. The project will be financed by ADB (EUR 365.7 million), the European Investment Bank (EUR 150 million), and the Spanish Government (EUR 200 million). The remaining amount will be funded by Vietnam.