Groundbreaking ceremony for first smart city project in Hanoi

A groundbreaking ceremony was held for the first smart city project in Hanoi, the largest of its kind nationwide, in the capital’s suburban Dong Anh district on October 6, with the participation of Prime Minister Nguyen Xuan Phuc.

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. 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.

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.

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