According to the representative of Hoan Kiem District People's Committee, the transformer station relocation project will be handled and paid for by Hoan Kiem Electricity, so the total cost of demolishing the "Shark Jaw" building and restoring the infrastructure will also be reduced to about 10-11 billion VND.
According to the plan, Hoan Kiem District (Hanoi) will demolish the "Shark Jaw" building before April 30 and focus on rebuilding and expanding Dong Kinh - Nghia Thuc Square before September 2. Three basement floors in this square area will be built in the next phase.
The "Shark Jaws" building.
Previously, Hoan Kiem district estimated the cost to be about 18 billion VND to demolish the "Shark Jaw" project, move 2 large transformer stations, restore technical infrastructure, and renovate the facade of adjacent projects after demolition...
However, according to a representative of the People's Committee of Hoan Kiem District, at a recent meeting, the parties agreed that the transformer station relocation project with a relatively large cost would be undertaken and paid for by Hoan Kiem Electricity, so the total cost would also be reduced to about 10-11 billion VND.
According to this person, in addition to the cost of demolishing the building, the cost of restoring the technical infrastructure and renovating the facade of the adjacent building after demolition is also very high.
The total area of the research and planning scope for the renovation of Dong Kinh - Nghia Thuc Square is about 1.2 hectares. The North borders Hang Gai and Cau Go streets, the South borders Hoan Kiem Lake and Thuy Ta House, the East borders Hoan Kiem Lake Street, and the West borders Hong Van - Long Van building.
The specific scope of the study will be determined during the process of master planning and investment project preparation.
Dong Kinh - Nghia Thuc Square is currently a traffic land; the Hoan Kiem Lake Trade - Service - Food Center building ("Shark Jaw" building) is managed and operated by Hanoi Transport Corporation (Transerco).
Besides this project, Hanoi leaders also requested to speed up the implementation of planning and investment projects to renovate the space in the area east of Hoan Kiem Lake.
Hanoi plans to relocate many agency headquarters and households to make a square - park on an area of about 2.1 hectares. Below this area will be a tunnel and underground space connecting station C9 of urban railway line No. 2, Nam Thang Long - Tran Hung Dao section.
In addition, Hanoi also requested relevant agencies to inspect and review the current status of land management and use, and review the land fund that can be exploited for public space in the area around King Le Temple and Nam Huong Communal House.
Hoan Kiem District is also preparing to renovate and upgrade Ly Thai To flower garden and plans to place Km0 right in front of the statue of King Ly Thai To.
Source: https://www.baogiaothong.vn/kinh-phi-pha-do-toa-nha-ham-ca-map-hoan-tra-ha-tang-giam-con-hon-10-ty-dong-192250319115234175.htm
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