Hanoi endorses initial investment plan for West Lake area upgrades

4:40 PM, Tue January 27, 2026

On January 27, at its 31st session, the Hanoi People's Council approved a resolution endorsing the initial investment policy for the project to renovate and enhance the West Lake area and lakeside scenic roads under a public-private partnership model using a build-transfer contract.

Hanoi endorses initial investment plan for West Lake area upgrades- Ảnh 1.

Delegates decide their votes at the 31st working session.

On January 27, at its 31st session, the Hanoi People's Council approved a resolution endorsing the initial investment policy for the project to renovate and enhance the West Lake area and lakeside scenic roads under a public-private partnership model using a build-transfer contract.

The project is titled "Investment, renovation and enhancement of the West Lake area and lakeside scenic transport routes under a PPP build-transfer model".

The project aims to transform the West Lake area into a sustainable cultural, tourism and creative economy center of Hanoi. It will fully leverage the area's landscape, historical, cultural and ecological values, linking West Lake with the Old Quarter, the French Quarter and the Red River space.

The project also seeks to improve residents' quality of life, boost socioeconomic development and enhance the capital's image and standing.

The project also implements Resolution No. 15-NQ/TW dated May 5, 2022, of the Politburo on Hanoi's development directions to 2030 with a vision to 2045, the Hanoi Capital Master Plan for 2021–2030 with a vision to 2050 approved under Decision No. 1569/QD-TTg dated December 12, 2024, the adjusted Hanoi Master Plan to 2045 with a vision to 2065 approved under Decision No. 1668/QD-TTg dated December 27, 2024 and the plan on preserving and promoting the West Lake area and surrounding zones, and other related orientations.

The project area includes the entire West Lake, bounded by major roads such as Thanh Nien Road, Thuy Khue Road, Nguyen Dinh Thi Street, Trich Sai Street, Lac Long Quan Road, Ve Ho Street, Nhat Chieu Street, Sen Tay Ho Road, Quang Ba Street, Quang Khanh Street, Quang An Street, Tu Hoa Street, Vu Mien Road and Yen Hoa Street.

The project covers about 575.6 hectares, including 520.9 hectares of water surface, which will remain unchanged and 49.7 hectares of land, including smaller lakes.

The total adjusted length of lakeside roads measures about 11,525 meters. Planned upgrades include widening and renovating sections such as Nhat Chieu, Ve Ho, Trich Sai, Nguyen Dinh Thi, Quang An and Quang Ba streets, expanding road widths from 8.5–9.5 meters to 21–24 meters, with two 7-meter carriageways, a 2-meter median, sidewalks of 1–3 meters on the residential side and 5 meters on the lakeside.

Road sections passing through existing gardens will maintain seven-meter carriageways on each side and five-meter lakeside sidewalks to preserve greenery and minimize landscape impact.

Thanh Nien Road and Quang Khanh Street will retain current road widths, with sidewalk, garden and park upgrades.

Hanoi endorses initial investment plan for West Lake area upgrades- Ảnh 2.

Overview of the 31st working session.

Tu Hoa Street, Yen Hoa Street and Lac Long Quan Street will also retain existing road widths while upgrading sidewalks.

The project includes 27 lakeside viewing platforms around West Lake and two floating squares at Van Cao Square and Kim Nguu Wharf Square.

Scenic bridges include Nhat Chieu Bridge and Sam Cam Bridge, with an average width of about 10 meters.

West Lake will feature six boat piers, including three main piers and three auxiliary piers.

Surrounding development land will include four-season flower parks, Dam Dong Park, Ben Chum Garden, Thuy Su Pond, commercial and service facilities, underground parking, environmental protection and landscape lighting facilities and live outdoor shows.

Preliminary total investment is estimated at about VND30.15 trillion (US$1.15 billion), with completion targeted for 2030.

The project will follow a PPP build-transfer model. The specific payment method for investors, using either the state budget or land funds, will be determined at the investment approval stage.

The initial component project to support groundbreaking involves upgrading and widening Quang An Road from Phu Tay Ho to Tu Hoa Street.

The project will cover about 3.4 hectares, with a preliminary investment of about VND1.44 trillion ($55 million) and implementation from the first quarter of 2026 to the second quarter of 2027.

The preliminary information serves procedure for launching the construction of the West Lake renovation and enhancement project and lakeside scenic roads under the PPP build-transfer model.

Final project details will be confirmed after investor selection and completion of dossiers for competent authorities to approve the investment policy and project in accordance with regulations.

The Hanoi People's Council assigned the Hanoi People's Committee to select an investor for the initial component project in accordance with Resolution No. 258/2025/QH15 dated December 11, 2025 of the National Assembly on piloting special mechanisms and policies for major and important projects in the capital.

The Hanoi People's Committee must direct relevant departments to guide and coordinate with the selected investor in preparing the investment policy proposal within six months from groundbreaking.

The city must also direct the Hanoi Department of Finance to guide the investor in completing investment project dossiers for submission to competent authorities for approval.

The selected investor must complete project dossiers and submit them for approval within a maximum of six months from groundbreaking, in line with Resolution No. 258/2025/QH15.

If the investor fails to complete procedures within the specified timeframe, the Hanoi People's Committee will report to the Hanoi People's Council for handling in accordance with regulations.

The investor will bear legal responsibility for any consequences arising from failure to meet these conditions and must coordinate with city departments to implement the initial component project.

Project implementation will proceed only after completion of all legal procedures related to investment, planning, land, construction, housing, fire prevention, environmental protection and other relevant regulations.

Hanoi endorses initial investment plan for West Lake area upgrades- Ảnh 3.

Hanoi legislators vote to approve proposals on the city's future development.

At the same session, the Hanoi People's Council also approved the National Highway 1A spatial corridor project combined with urban renovation and redevelopment under a PPP build-transfer model.

The project aims to build a modern route meeting current technical standards, serving future travel demand between central Hanoi and major urban areas such as OceanPark, the Olympic Urban Area, Phu Xuyen Urban Area, Sun Urban City and others, while improving connectivity with southern provinces.

The project will support urban restructuring along National Highway 1A and promote socioeconomic development in areas along the route.

The project area includes wards such as Van Mieu, Cua Nam, Hai Ba Trung, Kim Lien, Bach Mai, Phuong Liet, Tuong Mai, Dinh Cong, Hoang Mai, Hoang Liet and Yen So, as well as communes including Dai Thanh, Thanh Tri, Ngoc Hoi, Thuong Tin, Hong Van, Thuong Phuc, Chuong Duong, Phu Xuyen, Chuyen My and Dai Xuyen.

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