On August 2, Hanoi announced two new projects in Thanh Tri district, calling for investment. Specifically, the C3-1 new urban area in Dai Ang commune has a planned research land area of over 27.4 hectares; a population of about 6,759 people; and a land area for auction of nearly 21.8 hectares. The current land use is mainly for agricultural and residential purposes, with a total investment of VND 4,668 billion (including nearly VND 205 billion in compensation and resettlement support).
Another project is the Lien Ninh new urban area in Lien Ninh commune, with a planned research land area of nearly 30.1 hectares and an expected population of 4,500 people. The land area for auction is about 27.7 hectares, mainly consisting of agricultural land owned by households and individuals. The total investment capital is VND 3,117 billion (including over VND 250 billion for compensation and resettlement support).
Previously, on July 31, Hanoi also called for investors for two new urban areas in Me Linh district: the Dai Thinh new urban area in Me Linh and Dai Thinh communes, with a land area of 34.4 hectares and a population of 3,000 people; and the Me Linh new urban area in Me Linh and Van Khe communes, with a land area of 40.6 hectares and a population of 5,060 people. The total investment capital for these projects is VND 2,615 billion and VND 3,208 billion, respectively (including compensation and resettlement support).
In July, a massive project with a total investment capital of up to VND 13,259 billion was also introduced to investors. Specifically, the G8 new urban area project in Kim Chung, Dong Anh district, has a planned land area of about 46.6 hectares and an expected population of 4,811 people. The land has not been cleared yet.
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According to the Master Plan for Hanoi’s Construction until 2030, with a vision towards 2050, Dong Anh district is envisioned to become a central urban district and a smart city on the northern bank of the Red River. |
Another project in Dong Anh, the G19 new urban area, spans over 26.1 hectares and is expected to accommodate 4,440 people. The total investment capital for this project is VND 2,426 billion.
In May, Hanoi called for investment in its most massive project of the year so far – a smart and eco-urban area in Tam Xa, Vinh Ngoc, and Xuan Canh communes, Dong Anh district. With a total land area of about 268 hectares and an expected population of 38,500 people, the project has a total investment capital of up to VND 35,185 billion (including VND 2,090 billion for site clearance and resettlement support). The Vingroup-Long Hai-Thai Son joint venture is the sole investor registered for this project.
Since the beginning of the year, Hanoi has been seeking investors for about six new urban area projects, with a total investment capital of more than VND 63,300 billion. Most of the land in these projects is agricultural and has not been cleared yet.
 A corner of Dong Anh district, Hanoi. Source: Vietnamnet
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At the conference of the Executive Committee of the Hanoi Party Committee term XVII in March, the focus was on the Master Plan for Hanoi’s development in the period of 2021-2030, with a vision towards 2050. The plan emphasizes the need for synchronous infrastructure development, regional connectivity, and transportation infrastructure investment. This includes 14 urban railway routes, the construction of cross-river bridges to boost development north of the Red River, and the research and construction of a second international airport in the southern region to meet the demands of the capital and the northern region.
Additionally, the plan proposes the development of a cluster of urban areas, including a central urban area and satellite cities. It also introduces new urban models with specific functions: transit-oriented development (TOD), airport-oriented development, industrial-urban-service complexes, and the “15-minute city” concept.
