On the morning of January 27, continuing the program of the 31st thematic session, the Hanoi People's Council of the XIV term passed a resolution on preliminarily agreeing on the investment policy for the Project to invest in and renovate and promote the value of the West Lake area and the lakeside landscape traffic route according to the public-private partnership PPP (build - transfer) method.
The city will build the West Lake area into a sustainable cultural, tourism and creative economic center of Hanoi. At the same time, effectively exploit the unique values of landscape, history, culture and ecology of West Lake associated with the Old Quarter, Old Quarter and the Red River space.
The project implementation location includes the entire area of West Lake and is limited by the main routes: Thanh Nien street, Thuy Khue street, Nguyen Dinh Thi street, Trich Sai street, Lac Long Quan street, Ve Ho street, Nhat Chieu street, Sen Tay Ho street, Quang Ba street, Quang Khanh street, Quang An street, Tu Hoa street, Vu Mien street, Yen Hoa street, Thanh Nien street.
The expected scale is about 575.6 ha, of which the area of West Lake is 520.9 ha (keeping the current water surface of West Lake); land area is 49.7 ha (including other small lakes).
Regarding the road along West Lake, the city adjusts to expand and renovate the section of Nhat Chieu street, Ve Ho street, Trich Sai street, Nguyen Dinh Thi street, Quang An street, Quang Ba street from 8.5 - 9.5m to 21- 24m (the roadway on each side is 7m wide; the median strip is 2m wide; the existing residential sidewalk is 1-3m wide, the sidewalk on the lake side is 5m wide).
The road sections through the existing flower garden area will be expanded to ensure 7m of road on each side and 5m of sidewalk on the lake side to maximize the retention of the flower garden, limiting the impact on the landscape of the area.
For Thanh Nien street and Quang Khanh street sections, the current cross-section will be maintained, sidewalks, flower gardens, and parks will be renovated.
The sections of Tu Hoa street, Yen Hoa street, and Lac Long Quan street will maintain the current traffic cross-section and renovate sidewalks.
Square spaces, lakeside viewing platforms: Arrange 27 viewing platform positions around West Lake.
At the same time, 2 floating square locations are arranged: Van Cao square and Kim Nguu wharf square.
The city will also build a landscape bridge including Nhat Chieu and Sam Cam bridges with an average width of about 10m.
In addition, Hanoi will also build 6 boat wharves around West Lake including 3 main wharves, 3 auxiliary wharves. Land fund for development around West Lake, Hanoi will build: Four Seasons Flower Park, Dam Dong Park, Ben Chum flower garden, Thuy Su pond, commercial and service works, underground parking lots, environmental protection works, landscape lighting, and reality shows.
The estimated preliminary total investment is about more than 30,000 billion VND, striving to complete the entire project in 2030 in the form of public-private partnership PPP - a type of transferred construction contract (BT).
To serve the commencement of the above project, Hanoi will also start the initial component investment project to renovate and expand the Quang An road from Phu Tay Ho to Pho Tu Hoa with a scale of about 3.4ha.
According to Hanoi, the above component project will have a total investment of more than 1,400 billion VND, implemented from the first quarter of 2026 to the second quarter of 2027.
