New urban area, park to be built on eastern Hanoi
A new urban area and a science and entertainment park will be built with a total investment of 410 million USD in eastern Hanoi.
The 400-hectare Gia Lam urban area is located about 10 km northeast of downtown and contiguous to Gia Lam district’s administrative centre – Trau Quy town.
Covering seven communes, wards and towns in Long Bien and Gia Lam districts, the new urban area is scheduled to be built in two phases at an estimated cost of 260 million USD—first the development of the infrastructure system (2009-2012) and the development of urban structures (2012 – 2020).
The project is expected to contribute to forming an independent urban centre on the north bank of the Red River , providing new housing and easing the population density in the downtown area.
Along with the planning of the Gia Lam urban area, a 400-hectare science and entertainment park will be built with the aim of creating a modern entertainment and scientific research centre for Hanoi as well as northern region.
The 150 million USD project is expected to be completed in 2020./.