The city invests VND20 trln in Nhat Tan-Noi Bai urban areas

August 15, 2014 11:06 AM GMT+7

VGP - Ha Noi has sketched out a VND20 trillion ($940 million) project to develop urban areas along the Nhat Tan - Noi Bai axis, which is expected to become a driving force for the development of city’s northern region.

Currently, the city is making necessary preparations for the project to be commenced in 2015. It is expected to be completed within 10 years.

Under the project, the urban areas will cover more than 2,000 ha along 12 kilometers of Dong Anh and Soc Son districts, with a total population of 140,000.

They will consist of a gateway area focusing on industry-trade-agriculture, an ASEAN city, a riverside urban zone, and an ecological urban area. An ASEAN cultural village and exhibition centre, and a financial tower will be also constructed.

According to Chairman of the municipal People’s Committee Nguyen The Thao, the project is significant for the development of the city’s strategic region so the city has directed all relevant departments and agencies to work together to ensure the progress of the project.-VNA

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