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2 clusters · 2 sources · 10 days · First seen about 1 month ago · Last updated 25 days ago

Hanoi urban infrastructure development

Overview

The Hanoi People's Council recently approved deadline extensions for six major urban investment projects valued at nearly 2 quadrillion VND. These projects, which include the Red River landscape boulevard and the Hanoi International Sports Urban Area, faced delays due to the scale of construction and complexities regarding land allocation and resettlement.

Following these administrative adjustments, construction has commenced on three large-scale multi-purpose urban projects covering between 300 and 600 hectares. Progress in these areas, such as the 200-hectare Linh Nam project, has been supported by public consensus regarding land clearance. The city is implementing a strategy where resettlement precedes land recovery to facilitate resident transitions, with compensation rates for agricultural land expected to be twice the regulated price.

Entities

FPT · THACO Group · THACO · Hanoi People's Council · Hoa Phat Group

Timeline

25 days ago

[BUSINESS] 2 sources
Hanoi commences large-scale multi-purpose urban projects
Hanoi has launched three large-scale multi-purpose urban projects, benefiting from high resident consensus on land compensation and resettlement policies.
about 1 month ago

[BUSINESS] 6 sources
Hanoi approves deadline extensions for six major urban projects
The Hanoi People's Council approved extensions for six major infrastructure and urban projects totaling nearly 2 quadrillion VND to complete required legal and construction commencement procedures.

Sources

cafef.vn · vtv.vn