Hanoi, Japanese firm partner in developing smart city
The Hanoi People’s Committee, BRG Group and Japan’s Sumitomo Corporation signed a cooperation agreement on developing Nhat Tan-Noi Bai urban project with total investment of more than US$4 billion, aiming to build the most modern smart city of Southeast Asia in the north of Hanoi.
The deal was inked on June 5 in Tokyo during Prime Minister Nguyen Xuan Phuc’s ongoing visit to Japan.
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Earlier, the BRG Group signed with the Sumitomo Corporation, one of the three largest enterprises of Japan, to develop the project in April. The BRG also chose P&T Consultants to provide consultancy for the project.
Total construction area of the project is 2,080 hectares along both sides of the Vo Nguyen Giap road, including four main sections with a length of 11.7km.
The detailed planning of three sections with total length of some 11.1km was approved in early 2016.
