Work will start in July

Hanoi (VNA) – Work will start in July on an 8 billion USD township only 13km from
the heart of Hanoi across the Red River .

The project in Hung Yen province, which will go under the name of Eco Park (also
known as the Van Giang Commerce and Tourism Township), is managed by the Viet Hung
Development & Investment Company (Vihajico).

It will cover 500 ha and aims to set a milestone in environmental sustainability.
About one fifth of the development area will be set aside for trees and other
greenery.

A residential ward will be built in the eastern part of the site and will feature
low and high-rise apartment buildings.

The most unique feature of the project will be an old town recreated to capture
the feeling of villages in old streets of Hanoi .

Dao Ngoc Thanh, General Director of Vihajico, said that Eco Park was being
built on flat terrain near many old villages.

The master plan has a central development spine surrounded by an intricate water
network and a variety of residential communities. The spine will have
compartmentalised districts, a central business district, waterfront district and
old-town districts.

Thirty percent of the site area has been designated for residential purposes
incorporating diversified types of housing such as low-rise, mid-rise and
high-rise apartments, inland and canal housing.

Recreation facilities will include an 18-hole golf course, club houses, a central
stadium and a sport complex.

Lye Kuan Loy, President and General Director of CPG Singapore, a strategic partner
of Vihajico, claimed that the investment in landscape and environment would
generate value for investors.-Enditem