Work kicks off on $4.2 billion smart city in Vietnam’s Hanoi
WORK has started on Hanoi’s first smart city project in Dong Anh district, with an investment capital of more than $4.2 billion.
Vietnamese Prime Minister Nguyen Xuan Phuc, leaders of ministries, branches and Japanese officials attended the event to mark the beginning of construction on Sunday.
The project, the largest in the country invested by a joint venture between BRG Group and Sumitomo Corporation of Japan, is in the north of Hanoi on 272ha.
It will be built in five phases, which are all scheduled to be operational by 2028, and will contain digital technologies including smart energy management, transportation systems, security management, classroom systems, economics and smart life.
The highlight will be the 108-storey financial tower, with the investors saying it will become a financial hub for not only Vietnam, but the whole of Southeast Asia.
The city will be equipped with a multifunctional system to monitor air quality, water, weather, disaster risk as well as security, ensuring maximum safety for residents.
Smart building management system and renewable energy technology will also be applied.
Its environmentally-friendly public transport system will connect with the centre of Hanoi and will include 5G technology, face recognition and blockchain technology, contributing to improving the services of the Vietnamese capital.
The project has received close cooperation from the Japanese government, helping Vietnam promote the implementation of the programme on sustainable development of smart cities in the country between last year and 2025, and a vision to 2030.
During the period, they want more similar developments in the north, central, south and Mekong River Delta regions.