The project worth nearly US$4.2 billion is invested in by Vietnam’s BRG Group and Japan’s Sumitomo Group, and covers 272 hectares.
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 highlight of this project will be a 108-storey financial tower. Investors have the ambition of turning this place into a financial centre of Vietnam 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 prioritised to optimise energy supply and storage.
The implementation of an environmentally-friendly public transport system will help connect the smart city with the centre of Hanoi.
The project is taken as a reiteration of Vietnam’s commitments to implementing sustainable smart city development project between 2018 and 2025, with a vision to 2030, with the main goal of establishing a chain of smart cities in the northern, central and southern regions, and the Mekong Delta.
