The proposed Metro Line No.3 spans 46 km, connecting with Metro Line No.2 at the Hiep Binh Phuoc depot.

The Ho Chi Minh City People’s Committee has approved a
proposal by Vietnamese property developer Masterise Group to conduct a
feasibility study for Metro Line No.3 using the company’s own funds.

The approval, however, does not constitute the appointment
of Masterise as the project developer, nor does it imply approval of investment
or project implementation under current regulations.

During the process of surveying, research, and investment
proposal development, Masterise Group is required to closely coordinate with
relevant departments, sectors, and units, fully comply with requirements set by
the city’s Department of Finance, and ensure that all research outputs undergo
comprehensive review and evaluation.

The studies must meet standards of quality, effectiveness,
and feasibility, and align with the city’s overall development orientation,
master planning, and specialised urban transport planning as approved by
competent authorities.

Upon completion, all research results must be handed over to
the Ho Chi Minh City Urban Railway Management Board for state management and
use in accordance with regulations.

Previously, Masterise Group proposed studying the Metro Line
No.3 (Hiep Binh Phuoc–An Ha section) under a public-private
partnership (PPP) model combined with a build-transfer (BT) contract. The
proposed line is projected to span 46 km and will connect with Metro Line No.2
at the Hiep Binh Phuoc depot.

VnEconomy-Thanh Thủy