Mitsui Fudosan scopes Hanoi eco-city plan

February 17, 2014 | 10:02

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Mitsui Fudosan, a Japanese urban service supplier from Japan is looking to establish a new urban development in northern Hanoi.

Japanese firms are setting sights on developing ‘eco-cities’ in Vietnam Photo: Le Toan

“To prepare for this project we had to discuss a suitable location, find potential partners, work out the costs and draft a schedule to develop infrastructure in this area along with a whole raft of other details,” Mitsui Fudosan’s spokesperson Shuji Tomikawa said last week.

Deputy Minister of Con struction Nguyen Thanh Nghi said north Hanoi would see several new developments, especially after the road linking Nhat Tan Bridge and Noi Bai Airport was completed in 2015.

According to the MoC, 17 projects have already been planned to run along the new route, and room still exists for further projects along the road.

“There are a variety of different developments planned already, Mitsui should consider whether they can partner with these licenced projects,” Nghi suggested.

Nghi assigned the Urban Development Bureau to liaise with the Japanese so they could take into account possible Vietnamese partners for their future projects.

Deputy Chairman of the Hanoi People’s Committee Nguyen Van Suu said that in the future, the city would aim to develop five satellite urban development areas in Xuan Mai, Phu Xuyen, Soc Son, Son Tay and Hoa Lac. All five satellite city projects are presently seeking Japanese investors. The Japanese delegation’s is part of a wider project agreed in 2012 to establish so-called ‘eco-cities’. The first developments of this kind have been slated for Hanoi and Ho Chi Minh City.

By By Bich Anh

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