Hanoi Chairman Discusses Strategic Projects, Relocation of Thousands of Households

Hanoi Chairman Vu Dai Thang acknowledged that the city faces significant hurdles in reaching its ambitious "double-digit" growth targets, citing the ongoing complexities of the global and domestic economic landscape. During a regular meeting of the municipal People's Committee in June, Thang underscored the need for continued focus on economic development.

To bolster growth, Thang directed officials to assign specific responsibilities to various departments, sectors, and localities, aligning with concrete growth indicators. The investment and construction sector was identified as the primary engine for the city's current development phase. Key priorities include expediting the disbursement of public investment funds, especially for critical infrastructure projects such as Ring Road 4, Ring Road 2.5, National Highway 6, Red River bridges, and urban railway lines.

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The city's 'double-digit' growth target still faces many challenges due to the complex economic situation both globally and domestically.

Thang highlighted Hanoi's commitment to implementing several strategic projects outlined in National Assembly Resolution 258. These include the Red River scenic avenue, an Olympic sports complex, a digital technology and mixed-use park, a medical complex, and two multi-purpose urban areas. These large-scale projects are expected to significantly impact economic growth and shape Hanoi's urban expansion in the future.

A crucial aspect of these developments involves the relocation of tens of thousands of households. Thang emphasized that synchronized resettlement areas, equipped with comprehensive infrastructure and livelihood opportunities, must be established beforehand to ensure public consensus. He specifically cautioned against prolonged temporary housing situations, which have occurred in previous projects, and stressed the need for meticulous planning in land clearance and resettlement processes. The city will also explore flexible funding mechanisms, particularly for areas utilizing revenue from land auctions that have not yet been collected, and will reallocate funds from slow-disbursing units to those with better execution capabilities.

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Projects with such scale involve relocating tens of thousands of households. Therefore, we must first build synchronized resettlement areas with adequate infrastructure and services, and livelihood conditions, to gain public consensus.