Groundbreaking for over US$ 4 billion smart city project

07/10/2019

VGP – PM Nguyen Xuan Phuc attended the groundbreaking ceremony of nearly US$ 4.2 billion smart city project on Vinh Ngoc commune, Dong Anh district, Ha Noi on October 6. 
 

 

The project worth nearly US$ 4.2 billion is invested in by Viet Nam’s BRG Group and Japan’s Sumitomo Group, and covers 272 hectares in Hai Boi, Vinh Ngoc, and Kim No communes, Dong Anh district. 

It is based on the smart urban planning scheme of Nhat Tan-Noi Bai axis which is over 11km long, and divided into five phases which are expected to be fully completed by 2028.

The project applies smart technologies with six factors including smart energy, smart transport, smart administration, smart study, smart life, and smart economy.

The highlight of this project will be a 108-storey financial tower. Investors have the ambition of turning this place into a financial centre of Viet Nam and Southeast Asia as a whole.

A multifunctional smart monitoring and warning system will be installed to keep track of the quality air and water, the weather, and natural disaster risks as well as security and safety.

A management system of smart buildings and renewable energy technology will be prioritized to optimize energy supply and storage. 

The implementation of an environmentally-friendly public transport system will help connect the smart city with the centre of Ha Noi./.

By Kim Anh