TPO - Chairman of the Hanoi People's Committee Tran Sy Thanh, Head of the Steering Committee for implementing measures to prevent and combat waste of the City People's Committee, has just directed to remove the obstacles for 3 prime land plots in the central districts of Hoan Kiem, Hai Ba Trung, and Thanh Xuan that have been slow to develop for many years.
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Among them is the "Cao Xa La" project, which is the abbreviation of a series of factories on Nguyen Trai Street, Hanoi. According to the Hanoi People's Committee, after the production facilities were relocated, a large-scale urban area was formed here. Photo: Duc Nguyen |
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Specifically, 3 factories: Sao Vang Rubber, Thang Long Tobacco, and Hanoi Soap are subject to relocation. After relocation, urban areas with a projected population of 46,000 people (306.7% of the standard) will be built. Photo: Duc Nguyen |
![Close-up of 3 'golden land' projects that the Chairman of Hanoi City has just directed to remove photo 3](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/1/20/2171e8bf71b944fdb0c3efe8a3bf85f1) ![Close-up of 3 'golden land' projects that the Chairman of Hanoi City has just directed to remove photo 4](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/1/20/7b59f213f7a9452889f6f913cdc90187) |
According to research, the Hanoi Department of Natural Resources and Environment has drafted a document of the City People's Committee reporting to the Prime Minister the results of reviewing the process of relocating production facilities, implementing projects, and handling real estate facilities at 233, 233B and 235 Nguyen Trai Street, Thanh Xuan District. Photo: Duc Nguyen |
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Accordingly, the Department proposed that the City recommend the Prime Minister to consider and approve the Hanoi People's Committee to issue a decision to reclaim land (without compensation for property damage, land investment costs; without support when the State reclaims land), change land use purposes, allocate land, lease land without auctioning land use rights, without bidding to select investors to implement projects using land for the Investor Consortium to continue implementing the project according to the plan. |
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After being approved by the Prime Minister, the Hanoi People's Committee will direct the relevant agencies to review and evaluate the approved 1/500 scale detailed planning of the project. Photo: Duc Nguyen |
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As for the land at 94 Lo Duc Street (Hai Ba Trung District), this is a 4-frontage land because it is located between four streets: Nguyen Cong Tru, Thi Sach, Hoa Ma and Lo Duc. This place used to be the Hanoi Wine Factory managed by the Alcohol Joint Stock Company. |
![Close-up of 3 'golden land' projects that the Chairman of Hanoi City has just directed to remove photo 8](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/1/20/bca09d95bd8e499ebb88e28b5a2ced3b) ![Close-up of 3 'golden land' projects that the Chairman of Hanoi City has just directed to remove photo 9](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/1/20/1f8b951c8cf546ada9a637ec5d7474e9) |
Following the policy of relocating the factory out of the inner city, since 2013, the Hanoi People's Committee has cleared the land, planning to build a school on this plot of land. After the land was reclaimed, the plot of land was assigned to Thien Binh Urban Development and Business Investment Company Limited to study and establish the project. |
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Thien Binh Urban Development and Business Investment Company Limited is headquartered at 94 Lo Duc, the legal representative is Mr. Do Anh Dung (contributing 99% of capital), at this time Mr. Do Anh Dung is also the Chairman of Tan Hoang Minh Group Joint Stock Company. |
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Currently, part of the land has been used to build a school and a flower garden. The project is still abandoned, with weeds growing taller than people. According to the Chairman of the Hanoi People's Committee, the Office Complex, Hotel, Commercial Center, and Apartments for Sale Project at 94 Lo Duc has been dragging on for many years, and at this point the city needs to focus on resolving and removing the problem to prevent waste and avoid causing damage to the State. Chairman of the Hanoi People's Committee Tran Sy Thanh requested that this project must be completely handled in January 2025. |
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Another project that the Chairman of the Hanoi People's Committee Tran Sy Thanh directed to be resolved is the land lot at 31-33-35 Ly Thuong Kiet with an area of 2,245m2. This is a very special location because it has 3 sides on Ly Thuong Kiet - Hang Bai - Vong Duc streets, currently under the use of Saigon - Hanoi Commercial Joint Stock Bank (SHB). |
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According to research, the investor of this project proposed to build the bank's headquarters on a scale of about 45 meters, equivalent to more than 13 floors. However, the area's planning basically stipulates that it cannot be built higher than 8 floors. |
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To resolve the issue, Chairman of the City People's Committee Tran Sy Thanh assigned the Department of Planning and Architecture to coordinate with the People's Committee of Hoan Kiem District in December 2024 to organize the preparation of urban design plans for streets and submit them for approval according to current regulations of law. After the plan is approved, SHB Bank will complete the project investment proposal documents and submit them to the competent authority for approval. |
Tran Hoang
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