In the report on the implementation of large and important projects according to Resolution No. 258/2025/QH dated December 11, 2025 of the National Assembly in the city, the Hanoi People's Committee said that the project to renovate and promote the value of the West Lake area and the landscape road along West Lake has a total investment of about 30,151.83 billion VND.
The investment objective is to build the West Lake area into a sustainable cultural, tourism and creative economic center of Hanoi Capital; effectively exploit the unique values of landscape, history, culture and ecology of West Lake associated with the Old Quarter, Old Quarter and Red River space, thereby contributing to improving the quality of life of people, promoting socio-economic development and enhancing the image and position of the Capital, in accordance with the orientation of the 100-year vision of the Capital's Master Plan, as well as other related orientations.
Regarding the project implementation process, the City People's Committee said that the project has been agreed upon for implementation by the City Party Committee Executive Committee in Resolution No. 06-NQ/TU dated January 25, 2026; the City People's Council has approved preliminary investment policies in Resolution No. 526/NQ-HĐND dated January 27, 2026.
The City People's Committee is directing departments, branches and investors to complete project proposal dossiers to implement the next procedures. Specifically, Sun City Co., Ltd. is coordinating with the Department of Planning and Architecture, Department of Construction, Tay Ho Ward People's Committee and related units to urgently complete the planning plan to renovate and promote the value of the West Lake area and the lakeside landscape traffic route, and submit it for appraisal and approval of the 1/500 scale Detailed Plan.
The Department of Agriculture and Environment shall preside over and coordinate with the Department of Planning and Architecture and the Investor to advise the City People's Committee on the expected counterpart land fund.
The investor completes the project investment policy proposal dossier. The Department of Finance presides over together with the Investor and Departments (Construction, Planning - Architecture, Agriculture and Environment), People's Committees of Tay Ho and Ba Dinh wards to advise the City People's Committee and competent authorities to approve the project investment policy...
The City People's Committee said it strives to complete the entire project by 2030.
