HANOI’S $4 BILLION SMART CITY PROJECT BEGIN IN 2018
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| Nhat Tan Bridge. The smart city project along the Nhat Tan - Noi Bai route with investment equal to US$4 billion is expected to begin construction in the first quarter of next year |
The smart city project along the Nhat Tan –
Noi Bai route with investment equal to US$4 billion is expected to begin
construction in the first quarter of next year.
This information was disclosed at a meeting on
Thursday between Chairman of Hanoi People’s Committee Nguyen Duc Chung,
President-cum-CEO of Japan’s Sumitomo Corporation Kuniharu Nakamura and
Chairwoman of BRG Group Nguyen Thi Nga to discuss the smart city project in Dong
Anh District.
In June, Hanoi’s People’s Committee,
BRG Group and Japan’s Sumitomo Corporation Group signed a
co-operation agreement to develop the smart city project in the presence of
Prime Minister Nguyen Xuan Phuc during his official visit to Japan.
According to Nakamura, Sumitomo Corporation
regarded the smart city project in Hanoi as a huge project and was seeking
prestigious partners with capacity, specializing in science and
technology, to participate in implementing this project.
The project involved building a smart city
with modern transport system using the latest technologies, he stressed.
Nga said with total investment of
$4.138 billion, the smart city project would cover 272 ha. Implementation of the project would be divided
into five phases.
In the first phase, Sumitomo-BRG joint venture
would invest more than $1 billion to develop infrastructure and linkage
for the project.
The smart city’s core would be metro line No 2,
starting from Tran Hung Dao Street.
A 1/500 scale plan had been developed,
however, consultant unit Nikken Sekkei was reviewing the detailed plan for the
first phase, according to Nga.
Nga said the detailed plan would be submitted
to the municipal authorities for approval of the investment policy this month.
The project is expected to start construction
in the first quarter of 2018, Nga said.
At the meeting, Chung said Hanoi would create
the most favorable conditions for the implementation of the project
at the earliest, and said it expected the project’s developer would implement
the project following commitments.
“Source: vietnamnews.vn”
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