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Submitted by ctv_en_6 on Tue, 03/23/2010 - 09:37
A new urban area and a science and entertainment park will be built with a total investment of US$410 million 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 US$260 million—with the development of the infrastructure system from 2009-2012 and the development of urban structures from 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 and the northern region.

The US$150 million project is expected to be completed in 2020.
VNA/VOVNews
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