The 3.7 kilometre long project, with the main underground section running 2.8 kilometres, is expected to cost VND8.228 trillion (US$359 million) and will connect with urban zones located to the west of Da Nang Airport.
The city is also planning to build a rapid transit system with two metro lines running east-west and north-south, at an estimated total investment of VND54.5 trillion (US$2.38 billion).
The east-west line connects Nam O in Lien Chieu District with An Hai Dong in Son Tra District through the city centre, while the north-south line links Son Tra and the airport area with Khue Trung in Cam Le District.
Such metro projects will be implemented under public-private partnerships.
In addition, Da Nang is calling for investment in a rail line linking Da Nang and the old town of Hoi An in neighbouring Quang Nam Province.
Da Nang will also seek to attract investment for Lien Chieu Port, the project to relocate the Da Nang Railway Station, the Lien Chieu Port logistical centre, and Da Nang Airport.