The Hanoi People's Committee has just submitted a document approving the investment policy on the investment policy of the project to renovate and rebuild parks on both sides of the To Lich River to the City People's Council.
According to the Hanoi People's Committee, the project to renovate and rebuild parks on both sides of the To Lich River passes through the wards: Ngoc Ha, Nghia Do, Lang, Giang Vo, Cau Giay, Yen Hoa, Thanh Xuan, Dong Da, Khuong Dinh, Dinh Cong, Thanh Liet, Hoang Liet.
The land area used to implement the project is about 737,927.6 m2.
Main items expected to be invested: Road yards, including sidewalk yards and squares, tree trunk embankment walls, riverside walkways, seating - seating systems, steep ruts, curbs, tree tanks, parking lots, sports fields, playgrounds, and pedestrian paths.
Architectural works, including service works, highlight works and auxiliary works.
Along with that is the tree item and other equipment and utilities.
The construction route is according to the route plan, the location of the project is according to the route at a scale of 1/500.
The total preliminary investment is more than VND 4,665 billion. type of Construction - Transfer contract (BT contract) paid by land fund.
Location, land fund area expected to be paid in Phuc Thinh commune with an area of 94 hectares, of which commercial land area is 47.6 hectares (residential land: 36.9 hectares, commercial service land is 10.7 hectares).
The value of land use fees and land rents expected to be paid: VND 5,755.65 billion; the cost of site clearance for the land is expected to be paid VND 951.474 billion; the value of the counterpart land fund to implement the project is VND 4,804.18 billion.
The implementation period of the project to renovate, renovate and rebuild parks on both sides of the To Lich River is from the third quarter of 2025 to the third quarter of 2027.
According to the Hanoi People's Committee, Sun Group Joint Stock Company (the investor organizing the preparation of the pre-feasibility study report) is responsible for presiding over and coordinating with relevant agencies to prepare the possibility study report/adjustment feasibility study report, and submit it to the competent authority for decision/decision to adjust the project in accordance with the provisions of the Law on Public Investment and relevant laws.
Research and complete all contents according to the appraisal opinions of the Pre-feasibility study report of relevant departments, branches and units and report the appraisal results of the Pre-feasibility study report/ Adjusted pre-feasibility study report of the Appraisal Council to prepare the Feasibility study report/ Adjusted feasibility study report of the project to ensure savings, efficiency, absolutely no loss or waste of investment capital in accordance with the provisions of the Law on Public Investment and relevant laws.
Departments, branches of Hanoi City and related units, based on their assigned functions and tasks: Inspect, guide, and coordinate with Sun Group Joint Stock Company in the process of project implementation; resolve administrative procedures, create favorable conditions to help the Investor/ really perform the Investor's duties in the investment preparation stage to complete assigned tasks to ensure the goals, progress, and quality of the project.
It is expected that the Submission will be considered and approved by the Hanoi People's Council at the upcoming thematic session.
