The park project along the To Lich River will cover 737,927 square metres
Sun Group Joint Stock Company was named the winning investor, with the project scheduled for implementation between 2025 and 2028.
Under the decision, the investor is responsible for the accuracy of its bidding documents and must demonstrate sufficient financial capacity to deliver the project. It is also required to prepare a feasibility study and draft contracts for appraisal and approval by relevant authorities.
During implementation, the investor must comply fully with regulations on investment, construction and environmental protection, and meet all financial obligations to the state.
Hanoi’s department of construction will lead the appraisal of the feasibility study and, in coordination with other agencies, oversee and guide the project’s implementation.
The redevelopment will run along the To Lich River through multiple urban wards, including Ngoc Ha, Nghia Do, Lang, Giang Vo, Cau Giay, Yen Hoa, Thanh Xuan, Dong Da, Khuong Dinh, Dinh Cong, Thanh Liet and Hoang Liet.
Covering about 737,927 square metres, the project includes roads and plazas, river embankments and promenades, as well as parking, sports and pedestrian facilities.
It will also feature service buildings, architectural focal points, extensive greenery and urban amenities such as outdoor fitness zones and children’s playgrounds.
Construction is expected to begin on December 19, 2025.
