Hanoi seeks approval for Vingroup’s $300 million IT park
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Hanoi has submitted a proposal to the Ministries of Construction and Planning and Investment for building a new IT park possibly in Dong Anh District.
It will be built by Vingroup on Vo Nguyen Giap Street on the way to Noi Bai Airport.
It is estimated to cost US$302.54 million and likely to spread over 78.1 hectares, housing a maximum of 19,557 personnel.
Its construction, to begin in the fourth quarter of this year, will be finished at the end of 2020, when it will open.
Authorities hope it will interest both foreign and local IT companies thanks to its modern technical and social infrastructure, R&D facilities and other advantages.
Vingroup also seeks to build facilities such as a data centre, IT functional zones, accommodation for specialists, commercial offices, an R&D complex, a training and consulting zone, exhibition space, parks and a recreation zone inside.
Questions & Answers
Q.Where is the proposed IT park expected to be located?
Where is the proposed IT park expected to be located?
The proposal suggests the IT park could be built in Dong Anh District, Hanoi. It would be located on Vo Nguyen Giap Street, which is on the route to Noi Bai Airport.
Q.When is construction for the Vingroup IT park planned to start and finish?
When is construction for the Vingroup IT park planned to start and finish?
Construction of the IT park is slated to begin in the fourth quarter of this year. It is expected to be completed and open by the end of 2020.
Q.What types of facilities will Vingroup include within the new IT park?
What types of facilities will Vingroup include within the new IT park?
Vingroup plans to build a data centre, IT functional zones, accommodation for specialists, commercial offices, and an R&D complex. It will also feature a training and consulting zone, exhibition space, parks, and a recreation zone.
Q.What is the estimated cost and size of the proposed IT park?
What is the estimated cost and size of the proposed IT park?
The project is estimated to cost US$302.54 million. It is likely to cover an area of 78.1 hectares and is designed to house a maximum of 19,557 personnel.
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