70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Real estate
Hanoi mayor pledges to hasten smart city project
Son Nguyen - Cam Anh 20:00, 2023/03/15
The project will cover 271.5 hectares of land in Hanoi’s northern district of Dong Anh.

Hanoi's authorities will adjust the development plan for the smart city project on the northern side of the capital city as suggested by the Japanese conglomerate Sumitomo, mayor Tran Sy Thanh said on March 15.

The graphical design of the smart city built on the northern side of Hanoi. Photo: The Hanoi Times 

Municipal authorities will also kickstart several major tasks in the project in 2023 as part of the serial activities that will commemorate the 50th anniversary of the foundation of the Vietnam-Japan diplomatic relations, Thanh said.

He told a meeting with Yamada Takio, the Japanese Ambassador to Vietnam, and Shiomi Keigo, President and CEO of Sumitomo Corporation in Asia and Oceania, that local authorities acknowledge the project's difficulties and will work on possible solutions.

The smart city project would mean a lot to the socio-economic growth of Hanoi in the future, the city mayor said, adding that Hanoi has accomplished land clearance tasks for the project.

Shiomi Keigo, President and CEO of Sumitomo Corporation in Asia and Oceania and Nguyen Thi Nga, Chairwoman of BRG Group – partner with Sumitomo in the project, expected that relevant sides will soon inaugurate the project in 2023.

The Japanese Ambassador to Vietnam, Yamada Takio, said that the northern smart city would become an icon, representing the two nations' friendship and partnership.

He said that the project's inauguration would be a big part that honors the 50th anniversary of the Vietnam-Japan diplomatic relations in 2023.

The smart city project in Dong Anh District of Hanoi is carried out by a joint venture between BRG Group and Sumitomo Corp with a total investment of US$4.138 billion, the largest in Vietnam.

The project will cover 271.5 hectares of land in the three communes of Hai Boi, Vinh Ngoc, and Kim No in Hanoi's northern district of Dong Anh. The Hanoi People's Committee approved the project implementation plan in May 2020. However, the construction has been delayed due to various reasons, especially the Covid-19 pandemic.

In 2023, Hanoi's authorities plan to clear 106 hectares of land in the three communes of Dong Anh District to prepare for the project inauguration.

BRG Group chairwoman Nguyen Thi Nga said that the smart city project would offer solutions in energy, transportation, administration, education and training, economic growth, and lifestyle.

TAG: Hanoi smart city Sumitomo Corporation Japanese Ambassador tran sy thanh project implementation foreign relations economic relations socio-economic growth
Other news
18:17, 2024/06/14
Vietnam to mobilize resources for social housing development
Promoting social housing projects remains a priority for the government.
18:00, 2024/06/10
Vietnam’s real estate market back on road to recovery
In early Q2/2024, Vietnam's real estate market is steadily recovered, with the launch of numerous projects in different segments and impressive sales.
14:55, 2024/05/28
Booming West Hanoi property driven by infrastructure investments
Hanoi's real estate market is expected to continue having positive developments in the upcoming quarters.