Viproperty

Critical projects with a total value of up to hundreds of trillions in the Hanoi sprint

Many critical projects in Hanoi City are being accelerated to be completed this year and in 2024. Specifically, the investment project to build cultural and social works in Hanoi, with an investment of more than 1,300 billion VND, with a scale of nearly 40,000 m2, is expected to be completed in 2024.

The children's supply project is built in the CV1 park and lake (Cau Giay new urban area, Hanoi), bordering two Cau Giay - Nam Tu Liem districts on Pham Hung Street. The project includes a theatre of about 800 seats; 200 seats 3D-4D cinema; a 500-seat gymnasium - a 10-lane swimming pool; an Astronomical tower and library and an administrative block - office combined with intelligent and modern automatic equipment.

The project of the urban railway in Hanoi city, section Nhon - Hanoi Station, with a length of 12.5 km, including 8.5 km of elevated road and 4 km of underground. Total investment is 32.9 trillion VND. Up to now, the project's overall progress has reached about 76.5%, of which the construction of the elevated stage is 99%; the underground section reached 33%.

The Vinh Tuy Bridge project (phase 2) started construction in January 2021 with a total investment of more than 2.5 trillion VND, invested by the City Traffic Construction Investment Project Management Board. The project has started constructing the first composite block bearing the symbol KN-1 and is focusing on building the remaining items to complete the whole project on September 2, 2023.

The children's Hospital project (phase 1) started on February 26, 2022, in Yen Nghia Ward - Ha Dong District. The project has an area of 6.78ha with an investment of nearly 785 billion VND, including a 6-storey building block with 2 units. The project has now disbursed 28.5% of the capital plan; the expected completion time is in Q1 2024.

The Ring Road 4 - Capital Region project has a length of 112.8 km, in which the first point is located on the Noi Bai - Lao Cai highway (in Thanh Xuan commune, Soc Son district), and the endpoint is on the high road. Noi Bai - Ha Long expressway (in Que Vo district, Bac Ninh province). The project is divided into 7 component projects, with a total estimated investment for phase 1 of about VND 85.8 trillion. The goal is to start construction of Ring Road 4 in June 2023, complete it in 2026 and put it into operation in 2027.

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