The People’s Committee of Vietnam has signed an MoU with the Seoul Transportation Corporation to develop two metro and eight tram lines for Da Nang. As per the agreement, the city government of Da Nang and the Seoul Transportation Corporation will conduct preliminary feasibility studies, develop network plans, and prepare PPP models for the implementation of the project. Of these, four tram lines and one metro line are proposed to be developed on a priority basis. These lines will collectively span over 38.84 km and will be developed at an investment of $3.14 billion.
