Ministerof Planning and Investment Nguyen Chi Dung will be the head of the council.
Itsmembers will be from the Government Office, the State Bank of Vietnam,ministries, and the city People’s Committee.
Theywill appraise the necessity of the project and its impact on the city’ssocio-economic development besides the builders’ experience and financialcapability.
Theproject’s developers have been told to provide all necessary documents andinformation to the council. The council will be disbanded when it completes thetask.
Inthe first phase, line No 5 will intersect line No 1 at Sai Gon Bridge and lineNo 2 at Bay Hien intersection in Tan Binh district.
Itis expected to begin operation in 2025, linking outlying districts with thecity centre. The city will have six lines in all.-VNA